With growing skepticism surrounding ESG (Environmental, Social, and Governance) ratings, many investors are turning their attention to Public-Benefit Corporations (PBC).
In case you missed it: On August 20th, The Wall Street Journal offered a comprehensive perspective on evaluating the impact of benefit corporations. Mark Berryman, a seasoned expert, emphasized the need for a dual approach. Investors should assess the financial performance of these stocks, just as they would with any equity investment. Simultaneously, they should dive into the impact metrics generated by PBCs.
For a deeper understanding, investors can explore a company’s sustainability score through the B Impact Assessment, which is accessible on B Lab’s website, particularly if the PBC is certified as a B Corporation. This assessment scores companies across five critical impact areas: community, customers, environment, governance, and workers.
Read the full article: https://shorturl.at/mBHQ7
