New Blog:
Echo River Capital proudly announces its achievement of B Corp Certification from the nonprofit B Lab. As a trailblazer in the impact investing sphere, we walk together with 8,000 fellow certified B Corps spearheading a global movement towards a regenerative, sustainable and equitable economy.
This certification underscores our unwavering commitment to effecting positive change through our investments in cutting-edge water and climate solution companies. At Echo River Capital, we firmly believe in the transformative power of business to drive social and environmental progress. Our alignment with B Corp principles reflects our dedication to transparency, accountability, and holistic impact investments.
The B Corp Certification process entails a comprehensive evaluation across various parameters, including social and environmental performance. In our journey towards certification, Echo River amended its by-laws to prioritize the interests of various stakeholders, reaffirming our pledge to invest 100% of our capital in impactful ventures. We are honored to join a global community of companies leveraging business as a force for good.
“We view our role at Echo River as more than just investors; we see ourselves as catalysts of positive change.” remarked Peter Yolles, Managing Director of Echo River Capital. “This certification propels us forward on our mission to empower exceptional founders and foster a future of living in harmony with freshwater.”
By certifying as a benefit corporation, Echo River solidifies its binding commitment to support both people and the planet. Our decision to join the growing community of benefit corporations signals a collective shift towards responsible business practices.
“We are thrilled to be part of a global network of businesses dedicated to driving meaningful impact,” expressed Yoanna Lazarova, associate at Echo River who led the certification effort. “With a steadfast focus on empowering entrepreneurs and enhancing water and climate resilience, we aspire to have a lasting positive impact.”
Echo River’s portfolio reflects our dedication to catalyzing real-world change. By supporting startups that decentralize, digitize, and decarbonize the water cycle, we actively contribute to environmental sustainability and societal well-being. Our dedication to diversity extends to our investment philosophy, with a commitment that 50% of our portfolio companies comprise founders from under-represented communities. We proactively support women and minority entrepreneurs to propel their ventures.
About B Lab:
B Lab is a nonprofit organization at the forefront of the movement to leverage business as a force for good. Through initiatives like Certified B Corporations, B Lab fosters a global community of businesses committed to social and environmental stewardship. By promoting mission alignment and inspiring millions to join the cause, B Lab is driving systemic change towards a more equitable and prosperous future.
At Echo River, we remain steadfast in our commitment to driving positive change through purposeful investing. Together with B Lab and fellow B corps, we aspire to create a world where business success is measured by financial metrics as well as quantifiable impact on people and the planet. Echo River Capital scoring and profile are publicly available on the B Corp Website here.
For more information about B Lab and its initiatives, visit B Lab’s website. For any questions regarding Echo River and our certification, feel free to contact Yoanna Lazarova at yoanna@echorivercap.com.
Peter Yolles
General Partner
+1.415.203.0432