B Impact Report

Logo for SJF Ventures

SJF Ventures

Impact Venture Investing
Certified Since: April, 2011
Location: Durham, North Carolina, United States
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

87.7

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

sjfventures.com

SJF Ventures invests in high-growth companies creating a healthier, smarter, and cleaner future, dedicated to its mission of catalyzing the development of highly successful businesses driving lasting, positive changes. SJF Ventures was first established in 1999, making it one of the longest standing impact investing funds in the United States. With this history comes a track record of over 70 investments in high growth, positive impact companies. SJF has had significant time to learn, grow, evolve, and develop a strong investment practice across multiple sectors, both environmentally and socially focused, led by an experienced team. The SJF Investment Committee has worked together for well over a decade, with each member bringing extensive investment, impact, and sector expertise to the firm. In addition to investing in impactful business models, SJF seeks to accelerate impact through deep engagement with each company. SJF serves as a thought and industry leader and helped catalyze the initial formation of the Impact Capital Managers network; SJF remains actively involved with ICM today as Co-Chair of its Steering Committee.

Best for the World Honoreeinfo_outline

linkBest for Workers 2019 linkBest for Workers 2018 linkBest for Workers 2017 linkBest for Workers 2015

Impact Area Scoresinfo_outline

info_outlineOverall B Impact Score

To certify as a B Corp, a company must achieve a minimum verified score of 80 points on the B Impact Assessment. The B Impact Assessment asks questions about how the day-to-day operations of a company create positive impact for the company’s workers, community, and environment. Additionally, companies can earn further points if their overall business model can be shown to create positive social and environmental impact as well, qualifying the company for specific Impact Business Model points.

Scores for Certified B Corporations are verified by the non-profit B Lab.

info_outlineImpact Area Scores

The questions in the B Impact Assessment are organized into five Impact Areas: Governance, Workers, Community, Environment, and Customers. Click into a Impact Area to see topics covered in each. Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit. Due to rounding, displayed totals may not add up exactly.

The B Impact Assessment is customized to a company's size, sector, and geographic market.  However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. In cases where a question is not applicable, the potential points available for that question are instead earned based on the performance of the company on the other topics relevant to the stakeholder and summed up as "N/A points." Likewise, a score of N/A for Workers means that the company is a sole proprietor or partnership with no full-time staff, and a score of 0 or N/A for Customers means that the company does not have a specific Customer-focused Impact Business Model.

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info_outlineBest for the World Honoree

Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.

info_outlineAdditional Documentation

B Lab may determine that a company should make additional material beyond their B Impact Report transparent in order for the public to be able to evaluate the company’s overall impact. This additional transparency may cover participation in a controversial industry, information shared on the company’s Disclosure Questionnaire, or simply a company’s relationship to a larger complex entity. Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification.