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Sunrise Banks Receives Best for the World Recognition for a Seventh Consecutive Year

September 4, 2019

Sunrise Banks, a Certified B Corporation, has been named a Best for the World nominee for the seventh consecutive year, a testament to the banks’ continuous and significant work to improve its community and corporate governance.

Best for the World honorees are recognized for their environmental performance, employee relationships, diversity, and involvement in their communities, among other factors. B Lab, the global nonprofit that certifies and supports Certified B Corporations, administers the recognition.

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.  Minnesota companies recognized as Best for the World include Russell Herder, Peace Coffee and Global Gaming Initiative.

The 2019 Best for The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations.

“We’re honored to receive the Best for World recognition again and humbled to be in such great company among the other award recipients,” said Sunrise Banks CEO David Reiling. “We work hard to ensure we are a sustainable force for good in our community.”

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.

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 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. To that end, B Corps like Sunrise Banks are redefining capitalism and showing that it actually can work for everyone.”

The full lists of Best for the World honorees are available at https://bcorporation.net/.


About Sunrise Banks: Sunrise Banks, N.A., based in St. Paul, Minnesota, seeks to radically change the way urban communities and people thrive by empowering them to achieve financial wellness. Sunrise is certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking on Values, a public benefit corporation and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact. Visit Sunrise Banks at SunriseBanks.com, on Twitter @SunriseBanks, or on Facebook. Member FDIC.


 

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Jake Schild

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