Veris Wealth Partners

Certified B Corporation
Headquarters

California, United States

Certified Since

September 2011

Sector

Service with Minor Environmental Footprint

Operates In

United States

Veris Wealth Partners is a national sustainable wealth management firm with offices in New York, San Francisco, and Portsmouth, NH dedicated to aligning familiesÕ and foundationsÕ financial objectives with their mission and values. They structure fully-diversified portfolios that aim to drive social and environmental change while bringing rigor and discipline to the investment process. They believe this approach represents todayÕs most sophisticated investment thinking. Understanding the landscape of sustainable investing is a core Veris expertise. They strive to help their clients access superior investment and impact opportunities by leveraging their deep knowledge of relevant financial, environmental, social, and governance (ESG) issues.

Overall B Impact Score

Based on the B Impact assessment, Veris Wealth Partners earned an overall score of 144.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
144.4
144.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 15.9

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement3.2
Corporate Accountability0.0
Ethics1.7
Transparency3.5
+ Mission Locked7.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 34.1

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Compensation & Wages10.6
Benefits8.5
Training & Education2.4
Worker Ownership5.6
Management & Worker Communication2.2
Job Flexibility/Corporate Culture2.8

Community 30.3

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Job Creation2.5
Diversity & Inclusion5.4
Civic Engagement & Giving8.8
Local Involvement9.0
Suppliers, Distributors & Product3.5

Environment 10.1

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Land, Office, Plant7.3
Inputs1.5
Outputs1.3

Customers 54.0

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

+ Portfolio Reporting4
+ Targeted for Investment18.7
+ Leadership & Outreach6
+ Investment Criteria21
+ Portfolio Management4.3

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2017 Overall B Impact Score144.4
2015 Overall B Impact Score130.6
2012 Overall B Impact Score127.8
2011 Overall B Impact Score106.6

Best for the World

Each year, B Lab releases lists honoring the top-performing Certified B Corporations overall as well as within each Impact Area.

Best For The World: Changemakers2019
Best For The World: Customers2019
Best For The World: Overall2019
Best For The World: Workers2019
Best For The World: Changemakers2018
Best For The World: Customers2018
Best For The World: Overall2018
Best For The World: Workers2018
Best For The World: Changemakers2017
Best For The World: Governance2017
Best For The World: Overall2017
Best For The World: Overall2016
Best For The World: Overall2015
Best For The World: Community2014
Best For The World: Overall2014
Best For The World: Community2013
Best For The World: Overall2013
Best For The World: Workers2013

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