Common Interests

Certified B Corporation
Headquarters

New Jersey, United States

Certified Since

November 2014

Industry

Investment advising

Sector

Service with Minor Environmental Footprint

Operates In

United States

Common Interests is an independent boutique Family Wealth Management Practice with a healthy attitude of humility and service. They stand by their Mission Statement: “To enhance the financial wellness of our clients in a socially responsible manner by bringing to bear years of experience, knowledge and integrity.” Common Interests has no minimum requirements and are absolutely focused on solving their clients’ financial problems…of all kinds. Special areas of focus include Socially Responsible Investing, Portfolio Design and Management and all of the aspects of Comprehensive Financial Planning for individuals and families. Common Interests works with families on a multigenerational basis to help them come together, share their worries and concerns, and seek counsel in creating solutions that will lead to the financial wellbeing that they are looking for.

Overall B Impact Score

Based on the B Impact assessment, Common Interests earned an overall score of 148.0. The median score for ordinary businesses who complete the assessment is currently 50.9.
148
148 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 19.1

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement3.4
Ethics & Transparency5.7
+ Mission Locked10

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 24.7

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security13.0
Health, Wellness, & Safety0.0
Career Development3.5
Engagement & Satisfaction5.9

Community 37.8

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion10.4
Economic Impact6.4
Civic Engagement & Giving6.3
Supply Chain Management2.0
+ Local Economic Development9.6

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Environment 10.2

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management4.6
Air & Climate2.5
Water0.3
Land & Life2.7

Customers 55.9

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship2.7
+ Portfolio Reporting5.2
+ Targeted for Investment18
+ Leadership & Outreach6
+ Investment Criteria18.4
+ Portfolio Management5.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2023 Overall B Impact Score148
2020 Overall B Impact Score144.6
2016 Overall B Impact Score109.7
2014 Overall B Impact Score99.6

Additional Documentation

B Impact Assessment 2020


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