by Dan Kirslis, CFP®, Financial Advisor
Chicory Wealth is proud to announce that we have been recognized as one of the Best For The World™ B Corps of 2021 in the impact area of “Customers”!
Our efforts to positively impact stakeholders are being recognized: The score we achieved in the certification process to become a B Corp in the impact area of “Customers” is in the top 5 percent in our sized business worldwide. Best For The World businesses are B Corps whose scores in one or more of the five impact areas assessed toward certification (Customers, Community, Environment, Workers, Governance) reach this top 5 percent level. You can read about the methodology for Best For The World HERE. And check out the full Best For The World 2021 list right HERE.
Chicory Wealth is proud of the relationships we have with our clients and the services and opportunities we provide them. All of our investments are screened for Environmental, Social, and Governance criteria in order to be included in our portfolios. In addition, nearly all of our investors participate in shareholder activism to push for positive change along environmental and social lines. We do this by voting proxies on the clients’ behalf and using their shareholder status to sponsor resolutions. Mostly, however, we are grateful to have such a forward-thinking group of clients with which to work.
In addition to announcing this award, we would like to use this opportunity to announce that Chicory Wealth is joining the B Corp Climate Collective committing to achieve net zero emissions by 2030. At the 2019 UN Climate Change Conference in Madrid, more than 500 B Corps announced their intention to reduce their greenhouse gas emissions to reach net zero by the year 2030. Since then, many more have joined the cause.
Joining this pledge means that we “commit to achieving net zero emissions by 2030. Net zero emissions applies to Scope 1, Scope 2, and most relevant Scope 3 emissions and is achieved by reducing emissions wherever possible and using verified offsets, emphasizing carbon removal projects, to balance emissions that cannot be eliminated.” To enact this commitment, we will create a plan to achieve net zero and then publish our results regularly as we go along. Achieving net zero means tallying up every way to reduce emissions and then using Gold Standard carbon offsets for those emissions that are unavoidable. You can find more information about the campaign HERE.
We believe as a firm that tackling climate change will require leadership at all levels of society. Though governmental action will be key, businesses and individuals must also step up to the plate in order to preserve our one and only planet. We are grateful for the leadership provided by the B Corp community on this front and look forward to doing our part in the battle against climate change.