First GREEN Bank, a local bank with a global mission, announces today its recognition as a Certified B Corporation by B Lab, a nonprofit organization that supports a global movement of people using business as a force for good. This prestigious certification is a verified benchmark for companies supporting positive global impact through responsible professional practices. First GREEN Bank is one of 15 Certified B Corporation companies in Florida and is now helping lead the movement for other companies to become certified nationwide.
“This accreditation serves as a testament to First GREEN Bank’s ability to be successful and generate profit through a values-based business approach, proving that companies can benefit without compromising ethical standard,” said Ken LaRoe, founder of First GREEN Bank. “The environmental and social mission of First GREEN Bank was greatly influenced by the book “Let My People Go Surfing,” written by the renown environmentalist and founder of Patagonia. It is a great milestone in our company’s history to receive B Lab recognition for turning a simple inspiration into a business that successfully embraces holistic practices.”
Each of First GREEN Bank’s seven locations is considered a “values center” for its strong commitment to advance positive change in the banking sector. Buildings are built or renovated to meet the highest level of sustainability possible, and each location offers customers discounts on solar energy loans. For the community, the bank lends in excess of $422 million to local Florida businesses and citizens, and hosts an annual Art of Medicine Gala to benefit those affected by brain injuries. The bank also has some of the best benefits of any company, including a Living Wage Program that ensures employees earn a wage of at least $32,000, and a Parental Leave Policy to give both mothers and fathers additional time to bond with their newborn.
“We are extremely honored to join the more than 1,000 other Certified B Corporation companies across America that are working together to make the world a better place,” said Keith Costello, CEO of First GREEN Bank. “We hope to redefine standards and build an enterprise that is without ethical compromise through our continued efforts in sustainable energy, employee benefits, charity donations and community involvement.”
News item from First GREEN Bank