OAKLAND, Calif.--(BUSINESS WIRE)--Nia Impact Capital, an impact investing and asset management firm, today announced it has been named to B Corp’s 2018 Best for the World Honorees list and achieved distinction in three separate categories.
Nia, which has been a B Corp since 2017, was also singled out as the highest B Corp-rated firm in the financial services industry.
Nia was honored in the following categories:
- Best for Overall 2018. This category evaluates a company’s environmental performance, employee relationships, diversity, involvement in the local community, and the impact a company’s product or service has on those it serves.
- Best for Community 2018. This classification measures a company’s supplier relations, diversity, and involvement in the local community. It also examines the company’s practices and policies around community service and charitable giving, including whether a company’s product or service solves a social issue, such as access to basic services, health, education, economic opportunity and the arts.
- Best for Customers 2018. This category measures the impact a company has on its customers by focusing on whether it sells products or services that promote public benefit and if those products/services are targeted toward serving underserved populations. It also looks at whether a company’s product or service solves a social or environmental issue, such as improving health, preserving the environment, creating economic opportunity, promoting the arts/sciences, or increasing the flow of capital to purpose-driven enterprises.
Click here to view Nia’s B Corp rating.
Kristin Hull, founder and CEO of Nia, said, “To be certified and recognized by B Corp is truly an achievement. The entire Nia team is dedicated to the guiding spirit of ‘harnessing the power of business for good’ in B Corp’s rigorous criteria. We’re very pleased to have been honored in three separate categories and to be named the best financial services firm evaluated by B Corp.”
B Corp recognition follows the firm’s GEN Certification, a data-driven standard for gender equity for the U.S. Created by a consortium of data analysts, experts in the field of gender studies and a research team at the University of Washington, GEN Certification recognizes companies whose practices and processes support gender equality. Nia is the first company in the U.S. to receive GEN Certification.
About Nia Impact Capital
Based in Oakland, California, Nia Impact Capital is a women-led firm providing investment solutions to wealth management professionals across the U.S. Nia Impact Capital is the firm’s Registered Investment Advisor (RIA), which manages portfolios of public equities, as well as private investments. For information, visit www.niaimpactcapital.com.
