Written by
Alyssa Heath
Published on
July 14, 2022
Category
Impact
Fire Capital is recognized as a Best for the World™ B Corp of 2022!
We are beyond happy to share that we’ve been recognized as one of the Best for the World™ B Corps of 2022!
To be recognized as "Best for the World," B Corps must have scores in the top 5% of one or more of the five assessed impact areas: Governance, Workers, Community, Environment, Customers. Out of 5,000 Certified B Corporations worldwide, Fire Capital Management was ranked among the top 5% of B Corps in the Customers impact area of our size group. This is a recognition that makes us incredibly proud, particularly given that all B Corps are businesses that have already established high standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose!
Our continuous commitment towards our clients and our efforts to build a strong sustainable investment process helped us achieve a higher score in the Customers impact area. As an investment management firm, we were specifically assessed on the following:
1. Customer Stewardship: How we’re monitoring our client satisfaction, retention and feedback.
2. Targeted for Investment: The percentage of our assets undermanagement (“AUM”) that are positive impact, ESG-screened investments, and invested for shareholder advocacy purposes.
3. Investment Criteria: The processes, policies and practices that we have in place to evaluate ESG criteria for investments, allocation of staff time and resources for this purpose, and utilization of third-party ratings. For example, we have implemented a strong sustainability policy that informs our investment processes and we utilize third party research and ratings, such as MSCI, to evaluate companies' environmental, social and governance performance.
4. Leadership & Outreach: The ways in which we provide client education and the co-development of an investment policy statement (“IPS”) that addresses issues regarding environmental, social and governance goals as well as appropriate investment objectives and constraints.
5. Portfolio Management: How Fire Capital is monitoring, reporting and improving ESG performance of our client portfolios and incorporating a sustainable proxy voting policy.
6. Portfolio Reporting: Our annual impact reporting practices and transparency of proxy voting records and shareholder advocacy.
We’re honored that in our first year as a B Corp, we received this recognition. We will continue working hard to improve our service to our clients and to enhance our efforts to positively impact all of our stakeholders. Congrats to all of our fellow Best for the World winners!
Disclaimer
The information in this report was prepared by Fire Capital Management. Any views, ideas or forecasts expressed in this report are solely the opinion of Fire Capital Management, unless specifically stated otherwise. The information, data, and statements of fact as of the date of this report are for general purposes only and are believed to be accurate from reliable sources, but no representation or guarantee is made as to their completeness or accuracy. Market conditions can change very quickly. Fire Capital Management reserves the right to alter opinions and/or forecasts as of the date of this report without notice.
All investments involve risk and possible loss of principal. There is no assurance that any intended results and/or hypothetical projections will be achieved or that any forecasts expressed will be realized. The information in this report does guarantee future performance of any security, product, or market. Fire Capital Management does not accept any liability for any loss arising from the use of information or opinions stated in this report.
The information in this report may not to be suitable or useful to all investors. Every individual has unique circumstances, risk tolerance, financial goals, investment objectives, and investment constraints. This report and its contents should not be used as the sole basis for any investment decision. Fire Capital Management is a boutique investment management company and operates as a Registered Investment Advisor (RIA). Additional information about the firm and its processes can be found in the company ADV or on the company website (firecapitalmanagement.com).
CFA® and Chartered Financial Analyst® are trademarks owned by CFA institute.
The information in this report was prepared by Fire Capital Management. Any views, ideas or forecasts expressed in this report are solely the opinion of Fire Capital Management, unless specifically stated otherwise. The information, data, and statements of fact as of the date of this report are for general purposes only and are believed to be accurate from reliable sources, but no representation or guarantee is made as to their completeness or accuracy. Market conditions can change very quickly. Fire Capital Management reserves the right to alter opinions and/or forecasts as of the date of this report without notice.
All investments involve risk and possible loss of principal. There is no assurance that any intended results and/or hypothetical projections will be achieved or that any forecasts expressed will be realized. The information in this report does guarantee future performance of any security, product, or market. Fire Capital Management does not accept any liability for any loss arising from the use of information or opinions stated in this report.
The information in this report may not to be suitable or useful to all investors. Every individual has unique circumstances, risk tolerance, financial goals, investment objectives, and investment constraints. This report and its contents should not be used as the sole basis for any investment decision. Fire Capital Management is a boutique investment management company and operates as a Registered Investment Advisor (RIA). Additional information about the firm and its processes can be found in the company ADV or on the company website (firecapitalmanagement.com).
CFA® and Chartered Financial Analyst® are trademarks owned by CFA institute.
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