Sharesies becomes B Corp certified

Sharesies becomes B Corp certified

In just over 18 months, Sharesies has attracted more than 41,000 investors, with nearly $46M in funds under management. This is money that, if Sharesies didn’t exist, would likely not have been invested. And now we’re proud to announce that we’ve become a Certified B Corporation®—the first financial services company and the 22nd company in New Zealand to achieve this status.

The B Corp™ movement is huge internationally, only gaining momentum in New Zealand within the last few years. Well known international companies, like Patagonia, Ben & Jerry’s and Allbirds are B Corps. Whether the B Corp company is big or small, they all have the desire to reduce inequality, lower the levels of poverty, create a healthier environment, and build stronger communities.

Brooke Roberts, CEO and Co-founder of Sharesies, says the B Corp certification is a great achievement for the whole team at Sharesies. “We’re passionate about Sharesies being a force for good. It’s something that the whole team is behind. We’re providing access to investing for people who were previously shut out of that world—our aim is to provide equality, and the ability for everyone to develop their wealth.”

“Sharesies has grown really fast. We started with the seven co-founders, and 18 months later we’re a team of 28. Our whole team is really engaged with the decision-making at Sharesies, from a business perspective, for the product, our customers and our community,” Roberts says.

“We’re all committed to providing equal access to investing in New Zealand. Our aim of giving someone with $5 the same investment opportunities as someone with $500,000 is something that all of the team believe in, and strive for. Getting to be a B Corp company is not easy—it’s hard work to achieve this—we had to meet their rigorous standards of social and environmental performance. For Sharesies, being a B Corp shows we are serious about our goals and purpose. It keeps us accountable for the way we want to work, and the way we believe every business should operate,” she says.

ENDS

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