Manhattan Beach, California
TriLinc Global LLC (“TriLinc”) has received the Best for the World™ – Governance honors again from B Lab for 2022. TriLinc outperformed in the “Governance” category with an overall score of 117.3 against the median score of 50.9 for the 5000 businesses that completed the assessment.
TriLinc is an innovative impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its sponsored funds, TriLinc provides growth capital to established small and medium enterprises (“SMEs”) in developing economies where access to capital is significantly limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc’s environmental, social and governance (ESG) screens and commit to tracking and reporting on self-identified impact metrics.
“TriLinc is proud to be recognized by B Corp. as we are completely aligned with the B Lab Mission,” said Gloria Nelund, Founder and Chairman of TriLinc. “TriLinc is a purpose-driven company that believes in the power of capitalism to solve social and environmental challenges.”
To be # Best for the World, B Corps must have scores in the top 5% of one or more of the five impact areas assessed toward the certification.
About TriLinc Global
TriLinc Global is a private impact investment fund sponsor that seeks to provide investors with access to institutional class, market-rate return impact investment funds. Through its funds, TriLinc has developed a systematic approach to the packaging, registration, and distribution of alternative investment products that pursue unique yield-oriented strategies that change the world for the better. To learn more about our commitment to B lab, please click here and visit our website at www.trilincglobal.com
About B Lab
B Lab is transforming the global economy to benefit all people, communities, and the planet. A leader in economic system change, our global network creates standards, policies, tools, and programs for business, and we certify companies – known as B Corps- who are leading the way. To date, our community includes 400,000 workers in over 5000 B Corps across 80 countries and 155 industries, and more than 200,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. B Lab has created and led efforts to pass over 50 corporate statues globally that enable stakeholder governance with over 10,000 companies using the legal framework. To learn more visit www.bcorporation.net
DISCLAIMER
Every year, B Lab recognizes the top-performing B Corps creating great impact through their businesses. These B Corps are named Best for the World™, as their verified scores in the five impact areas evaluated on the B Impact Assessment – community, customers, environment, governance, and workers – are amongst the global top 5% in their corresponding size group. To be considered eligible for “Best For The World: Governance” category, B Corps must have achieved a top score in overall mission, ethics, accountability and transparency. Their best practices are focused on how they engage employees, board members, and the community to achieve their mission, as well as employee access to financial information, customers’ opportunities to provide feedback, and the diversity of their governing bodies.
Contacts
Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116
Working Capital Associates. “WCA” is a female-led alternative credit provider specializing in short term credit in transactional finance for African and LatAm exporters. Founded in 2018, WCA provides strategic and transformational supply chain financing to companies with exports to Western markets for sustainable food and Agri produce originating from Africa and Latin America. WCA’s team is comprised of 8 different nationalities and is spread across 3 continents. WCA has completed over $1 billion in transactions since its inception. WCA’s principals have more than 65 years of combined experience in trading and private debt investment in Africa and Latin America.