At Kindred Credit Union, we believe you should have a better choice for banking. We believe that values and faith are central to life, and financial decisions are not values-neutral. That’s why it made perfect sense for Kindred to become a B Corp!
The B Corp movement was started by B Lab, a nonprofit network transforming the global economy to benefit all people, communities, and the planet. With their certification process, B Lab leads economic systems change to support their collective vision of an inclusive, equitable, and regenerative economy. Their programs and tools help B Corps and non-B Corps set bold plans for the future, and understand their social and environmental footprint. Today there are over 6,000 Certified B Corporations in more than 80 countries and over 150 industries around the world.
B Lab’s standards are at the heart of the B Corp movement and define social, environmental, and governance best practices for businesses. Certified B Corps like Kindred, are leaders in this global movement. In order to achieve B Corp certifications an organization must:
- Demonstrate high social and environmental performance
- Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders
- Exhibit transparency by allowing information about their performance measured against B Lab’s standards to by publicly available
When Kindred decided to become a Certified B Corps in 2016, we scored better than our peers and have been named Best for the World multiple times. However, what matters most is our relationships with members, staff members, and community partners. Our commitment to being a B Corp is one way we work to inspire peaceful, just, and prosperous communities. Happy B Corp Month!