Breckinridge Named as a 2018 B Lab Best for the World Honoree
Breckinridge honored by nonprofit organization B Lab as a top-scoring Certified B Corporation aiming to better society
BOSTON – June 26, 2018 – Breckinridge Capital Advisors, a Boston-based investment advisor and Certified B Corporation, announced today that it is a 2018 B Lab Best for the World honoree. B Lab, the nonprofit organization that developed B Corporation certification, aims to create a future in which companies are not only committed to their shareholders, but also to all of their stakeholders.
Breckinridge scored in the top 10 percent on Customer and Governance scoring in the B Lab’s B Impact Assessment, an in-depth evaluation of a company’s impact on all its stakeholders. Therefore, Breckinridge appears on Best for the World lists in those categories.
The “Best for Customers” list recognizes companies that create the most positive impact on customers. The impact is measured by any potential public benefit promoted by a firm’s products or services, and by any potential targeting of those products or services toward underserved populations.
The “Best for Governance” list recognizes companies that create innovative governance structures to protect the mission of their business for the long term. The Governance section of the B Impact Assessment evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission.
“At Breckinridge, we believe that companies that create value for all stakeholders are more competitive and resilient over the long term,” said Tim Coffin, Director of Sustainability. “We aim to ‘do well by doing good,’ and this shapes the way we conduct our business.”
Breckinridge became a certified B Corp in 2013. We report each year through the B Impact Assessment, which gives us a structured way to measure our sustainability practices and continue to improve on our efforts.
The Best for the World lists were determined by scores reported as of January 31, 2018. More information on the methodology is available here. The full list of honorees for all categories is available here.
About Breckinridge Capital Advisors:
Breckinridge Capital Advisors is a Boston-based, independently owned investment advisor specializing in investment grade fixed income portfolio management. Working through a network of investment consultants and advisors, we serve a wide variety of clients ranging from high net worth individuals to large institutions. Reflecting our commitment to ESG and sustainability, Breckinridge is a Massachusetts Benefit Corporation and a certified B Corp. We believe these designations help us in our goals to create positive, long-term impact for our clients, employees and the communities in which we live, work and invest.
Media Contact: Kristin Wetherbee, Senior Marketing Associate 617-443-1120
The opinions and views expressed herein are those of Breckinridge Capital Advisors, Inc. They are current as of the date indicated and are subject to change without notice. Nothing in this press release should be relied upon or construed as financial, tax or legal advice. All investments involve risk, including loss of principal. Investors should consult with their financial professionals prior to making any investment decisions.