Fennel Receives B Corp™ Certification

Published on:
by KnowESG
KnowESG_Fennel gets bcorp certification
Image courtesy of http://hrivemarket.com/blog/

ESG & shareholder voting-focused brokerage becomes Certified B Corporation™, highlighting commitment to sustainable and regenerative economy

Fennel, a mobile investing platform that empowers users to invest while easily integrating environmental, social, and governance (ESG) factors, is proud to announce that it has received official B Corp Certification. Through its app, Fennel enables investors to leverage ESG data, to gain insight into the results and impacts of shareholder votes, and to invest in alignment with their vision for the world.

B Corp Certification is provided to companies that have demonstrated exceptional social and environmental performance through a rigorous third-party impact assessment conducted by B Lab™, a global nonprofit organization.

"Becoming a B Corp as a fintech startup is a huge source of pride for us, especially amidst the ongoing debate around ESG in government and finance," said Daniel Naim, CEO and Founder of Fennel. “Being proactive about our impact has already had positive material results for our business. We firmly believe that the lens of sustainability will reshape the way people approach investing, and we want to commend B Lab for elevating the global standard for third-party impact assessments.”

Fennel joins the ranks of other notable companies dedicated to considering the interests of all stakeholders in their business operations: workers, customers, communities, and the environment. “As a still young company, we’re grateful for how this process has pushed us to continually improve our practices,” Naim expanded. “This will hopefully only display our baseline commitment to fostering a more equitable and regenerative society. We’re honored to join this movement and community of like-minded businesses.”

The certification also reflects Fennel's commitment to resiliency and longevity, as recertification is required every three years to prove it can meet the ever-rising standards for social and environmental performance.

For more company-related news

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

Source: Business wire

Share:
esg
esg
esg
esg

Companies Headlines

OCP Group, ENGIE Partner for Morocco's Clean Energy Transition

OCP Group, ENGIE Partner for Morocco's Clean Energy Transition

Vietjet Takes Off First Flights with Sustainable Aviation Fuel

Vietjet Takes Off First Flights with Sustainable Aviation Fuel

Tata Power, Keppel Partner for Sustainable CaaS in India

Snam Unveils Transition Plan, Aims for Net Zero by 2050

Neste and Braskem Partner for Sustainable Polymer Production

NEC Indonesia, Sinar Mas Land Partner for Climate Change Solutions

MTN Nigeria Rolls Out Biodegradable SIM Cards

Southwest Airlines Partners with Valero for SAF Supply

Mitsubishi Heavy Industries Backs Geologic Hydrogen Startup

BHP Targets Lower Emissions in Steelmaking