CHICAGO, Illinois: Pekin Hardy Strauss Wealth Management, a Chicago-based independent investment adviser, has been recognized by B Lab as a 2019 Best For The World Honoree in the categories of Changemaker and Customers. Pekin Hardy Strauss ranked in the top 10 percent of all B Corps for its positive impact on its customers and its significant improvement in its overall impact on its workers, customers, community, the environment, and governance.
Best For The World recognition is administered by B Lab, the global nonprofit that certifies and supports Certified B Corporations, which are for-profit companies dedicated to using business as a force for good. Today there are 3,000 Certified B Corporations across 64 countries and 150 industries.
Adam Strauss, Co-CEO of Pekin Hardy Strauss, said the firm is proud to be included on B Lab’s Best For The World list.
“Pekin Hardy Strauss is proud to be a part of the global B Corp™ community, and being designated a Best For The World honoree is a reflection of our commitment to our clients, employees, and community,” he said.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it—like Pekin Hardy Strauss. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment, and customers. To achieve the B Corp Certification, a company must achieve a score of at least 80 out of 200 points on the assessment.
“We’re incredibly proud of this year’s Best For The World honorees,” says Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders.”
1,000 B Corps from 44 countries were named to the 2019 Best For The World lists, including Patagonia, Beautycounter, Dr. Bronner’s, TOMS, Seventh Generation, and Greyston Bakery. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full list is available at https://bcorporation.net/.
About B Lab and the Selection Process
The 2019 Best For The World Lists are selected based on verified responses to the B Impact Assessment, a platform that measures a company’s impact on its workers, community, customers, and environment. Prospective B Corps complete the Impact Assessment as a part of the initial B Corp Certification process, and then must update the assessment every three years to ensure they still qualify. Best For The World honorees scored in the top 10th percentile of all Certified B Corporations in the respective impact area on the B Impact Assessment. Of the 3000 B Corps, 1000 were named to the 2019 Best For the World.
Pekin Hardy Strauss is not affiliated with B Lab and the firm has not made any payment for participation in this survey. Honors of this kind are only one of many factors relevant in determining whether to retain an investment adviser. Please contact Financial Advisor for more information on the methodology of the survey.
B Lab is a nonprofit that serves a global movement of people using business as a force for good. B Lab’s initiatives include B Corp Certification, administration of the B Impact Management programs and software, and advocacy for governance structures like the benefit corporation. B Lab’s vision is of an inclusive and sustainable economy that creates a shared prosperity for all. To date, there are 3,000 Certified B Corps in over 150 industries and 64 countries, and over 50,000 companies use the B Impact Assessment. For more information, visit https://bcorporation.net/
About Pekin Hardy Strauss Wealth Management
Founded in 1990, Pekin Hardy Strauss, Inc. (dba Pekin Hardy Strauss Wealth Management) is a leading independent investment adviser that offers wealth management services and serves as the adviser to a socially responsible value-oriented mutual fund. The firm provides its high-net-worth clients with thoughtful financial advice, comprehensive financial plans and custom investment portfolios. Pekin Hardy Strauss Wealth Management strives to deliver positive risk-adjusted returns by pursuing a disciplined value investing approach that minimizes investment risk with investors’ capital.
The employee-owned, Chicago-based firm is committed to maintaining the highest standards of ethics and objectivity. Pekin Hardy Strauss has been a Certified B Corporation® since 2015, when it became the first investment advisor in Chicago to be certified. Learn more at pekinhardy.com.
B Lab Contact: Hannah Munger; Manager, PR & Communications; [email protected]; +1 212-608-4150