Leading With Purpose: Why We’ve Joined a Global Movement to Do Good
Many businesses say they want to do good, but a recognized group has made a company-wide commitment to follow a rigorous set of standards to ensure they are actually doing good while also doing well.
These companies are certified B Corporations, leaders of a global movement of people using business as a force for good. They meet the highest standards of overall social and environmental performance, transparency and accountability and aspire to use the power of business to solve social and environmental problems.
B Corps are akin to LEED or Fair Trade certification, but for an entire business. Well-known companies such as Patagonia, Ben & Jerrys, Method and Etsy are Certified B Corps.
Now EPOCH Pi has joined this esteemed group of changemakers who are making an impact. We are the first financial services firm in Ohio and one of five companies in Cleveland to achieve B Corp status. There are currently 16 certified B Corps in Ohio and about 2,200 worldwide.
Why is EPOCH Pi a Certified B Corp?
We joined this growing movement of trailblazers who are using business as a force for good because we believe businesses are created for a purpose beyond profit and our intention to create value for all of our stakeholders. Becoming a B Corp affirms our mission, values and beliefs and we felt it was important to build them into the fabric of our company.
At EPOCH Pi, we believe we can create a better world through business. Becoming a B Corp affirms our mission, values and beliefs and helps us fulfill our purpose.
In an industry that is often focused on the short term and getting deals done, EPOCH believes that the long-term, sustainable success of a transaction – for a business, its employees and its unique culture – is the result of several value-driven steps:
o Identifying the best strategic option based on the business’s mission, vision, and goals;
o Evaluating the best financial or strategic partner, from the perspective of alignment around the business’s values and mission;
o Structuring the transaction to best protect these values and mission going forward; and
o Establishing a thorough and thoughtful integration plan
We recognize financial terms are critically important. But so, too, is evaluating the alignment of values, structuring the transaction to best protect or enhance them, and creating a thoughtful integration plan.
Our clients are looking for more than just capital, an exit, or a transaction; they want to make a difference and find a partner that aligns with their values. B Corp Certification is a way to show the world our values and show our clients that what matters to them, matters to us, too.
A Catalyst for Positive Social Good
At EPOCH Pi, we envision a future where every company believes that transactions are about getting the right price and terms, but also about people, values, culture and being good stewards of the businesses we build, lead and transfer – for our employees, customers, suppliers, communities, and environment.
Business can be a powerful catalyst for positive social good. Becoming a B Corp is a key step in EPOCH Pi’s ongoing effort to demonstrate that we’re not just a company that talks about doing good, but one that actively pursues and embraces every opportunity to be better, to do better and to continuously learn and evolve along the way.