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July 8, 2025

Honoring the Memory of Andrew Kassoy, B Corp Movement Leader

Veris mourns the loss of Andrew Kassoy, a visionary leader who inspired and profoundly shaped the global B Corp movement. His passing, after a courageous battle with cancer, is felt deeply across the impact sector. 

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December 16, 2022

Why Veris is a B Corp

By Nicole Davis, Partner and Senior Advisor

Veris Wealth Partners is a Certified B Corporation because we believe in the power of business as a force for good. We are proud of our B Corp status and the growth we have seen within this movement continues to inspire us. When our firm first earned certification in 2011, there were only 400 B Corps in the world. As of today, there are over 8000 companies representing over 150 industries in the global community of Certified B Corps.1

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June 26, 2018

Best For the World – Again

By Anders Ferguson and Nicole Davis

Veris was just named Best for the World by B Corp – for the sixth year in a row.

We’re very proud to achieve this milestone and are equally honored to be recognized among the best of the best. Veris was named in the top 10% of all 2,400 B Corps around the world.

This is inspiring for the entire Veris team, yet what’s even more important is how B Corps are changing the face of business for the betterment of everyone.

Transforming Business
B Corp’s interconnected standards provide a unifying framework for organizations globally to drive sustainability and benefit from it.

The standards apply to every aspect of an organization’s operations. They place a high priority on being responsible stewards of the environment. They encourage respect for and empowerment of employees. They drive our colleagues at Veris to aspire to excellence and improve our products and services.

What’s more, B Corp is continually raising the bar. Veris, like others that hold the B Corp designation, must recertify every two years. The process looks at every part of a company’s business practices. Each time, the standards are even higher.

A Better Way
From our perspective, being a B Corp is the right thing to do, and it also an impetus for innovation and transformative sustainability systems.

Research from well-respected firms such as McKinsey & Company, along with major universities, confirm that B Corps often exceed the performance benchmarks of their peer group competitors.

Organizations committed to sustainable business practices are typically innovators that use new and emerging technologies to operate more efficiently. They also practice good corporate governance, which invariably leads to greater gender and racial diversity at the executive management level and throughout the organization.

From a risk management perspective, companies committed to sustainability are also lower risk. Some global banks are recognizing the reduced risk profile of B Corps and are offering lower interest rates to those companies.

At the same time, global companies are partnering with B Corps to accelerate creativity. B Corp companies welcome fresh ideas and innovation, or new ways of knowing. As a result, they are often growth companies, which means they are attractive investment partners for individual and institutional investors.

In Our DNA
B Corp standards are increasingly the management philosophy that powers everything we do at Veris. They are both our guiding light and practical roadmap in creating change that sticks and in creating new value internally and for all our stakeholders.

A few years ago, we implemented paid days off from work for volunteering. The results have been terrific for employees and Veris. We’ve implemented a series of 21-day challenges for our employees, focused on Kindness, Mindfulness, and Wellness. Our Volunteer Program and 21-day Challenges help build community, both internally and externally. When we are all touched by generosity, our personal and professional lives are enriched.

Another benefit of being a B Corp is the insight we have gained as a firm. In addition to reviewing our internal sustainability, we’ve analyzed our external impact with our partners and investment managers. This has greatly helped Veris, our clients, and our business partners see the benefits that an impact focus has in our offices and building renewable energy systems.

Our commitment to being a B Corp has also had a notable effect on the way we deliver impact wealth management services.

B Corp status has pushed us to find ever more impactful investment products and services. That has created wonderful new opportunities for our clients. For example, we have become leaders in the field of Gender Lens Investing, one of the most promising new developments in impact investing. Our leadership in Gender Lens Investing is no coincidence considering our gender diverse team. Two-thirds of our employees are women.

The Best for the World award is greatly appreciated by everyone at Veris. It’s recognition for the all the work we have done to create an impactful company, and for all the work B Corp has done to make business a force for good in the world. It has clearly made us better, and collectively, it adds up to very positive impact.

Learn more about B Corp Certification.

March 24, 2014

Become a B Corp – It’s Well Worth The Effort

By Patricia Farrar-Rivas, CEO

Veris is very proud to again be named Best For The World by B Corp.

This is the second year in a row we’ve been recognized with this honor, which is given only to those B Corps that rank in the top 10% of all B Corps.

For those companies not yet a B Corp, we highly recommend careful consideration.

What is a B Corp?

Benefit Corporations are a unique form of corporate governance designed to create public benefit, which is defined as a material positive impact on society, the environment and community.

B Corps are certified by B Lab “to meet rigorous standards of social and environmental performance, accountability, and transparency.” According to B Lab, there are nearly 1,000 certified B Corps from 32 countries and 60 industries. The number is growing.

The Benefit of B Corp Status

For Veris, being a B Corp has many benefits.

First, it reinforces our values and our business practices, which are to promote positive social and environmental engagement through impact investing. Second, B Corp certification demonstrates to clients, investment managers, vendor partners and others our deep commitment to sustainability. Third, our employees love it. They want to work for  a progressive company and play an active role in continuously improving Veris’ sustainability practices.

As a firm specializing in impact investing, our B Corp status synchs perfectly what we do: aligning wealth with values to create positive social benefit while focused on strong investment performance and profitability. Veris and B Lab share the same strategic mission.

For consumers, B Corp status is like a big, neon seal-of-approval. It empowers people to identify and engage with companies dedicated to sustainable business practices, including treating workers and communities with great respect.

Consumers can tell if a company is focused on impact by looking for the B Corp logo. It, along with the Best For The World logo, is viewable on Veris’ home page.

Continuous Improvement

B Corp certification is a great sustainability road map and ongoing opportunity to become a more thoughtful company.

There are more than 200 evaluation points in any B Corp certification. We are audited to be recertified. This process motivates us to keep B Corp standards top-of-mind and integrate sustainability into every facet of our business.

B Corp certification makes us better in ways we couldn’t imagine.

To encourage community service we added 20 hours of paid Volunteer Time Off for all employees.

Reducing our carbon footprint, another goal to B Corp certification, led us down two productive paths.

First, we purchase carbon offsets. In 2013, we financed a tree-planting initiative in the Amazon Rainforest. To accomplish this, we worked with the Amazon Conservation Team (ACT), which helps conserve indigenous lands in this critical rainforest.

Second, we’re thinking more carefully about when we need to travel to a meeting. Increasingly we are using technology for face-to-face conversations, making us more efficient and effective.

Improving Vendor Partner Relationships

B Corp status extends beyond our office.

It also improves the way we manage relationships with our vendor partners. Under B Corp guidelines, for example, the purchase of office equipment should balance durability, quality/image, cost and sustainability.

The sustainability component of the office equipment purchases resulted in our switching from a national chain to Give Something Back, a Bay Area organization that donates 50% of its profits to organizations of our choice.

Similarly, if Veris holds a corporate event or party, we work with restaurants and caterers who are committed to sustainable farming practices.

Evaluating Impact Investment Managers

Finally, a B Corp status helps us choose and work with top impact investment managers – which is critical to our business.

Many investment managers say they follow Environmental, Social and Governance (ESG) practices, but our B Corp status gives us the insight to look more deeply and ask better questions.

We are now vigilant in our manager evaluations, and have deeper, hands-on experience in what it really takes to build successful high-impact companies.

The B Corp journey simply makes Veris better.

Why not start the process of becoming a B Corp today?