TriLinc Global LLC (“TriLinc”) has received the Best for the World™ – Governance honors again from B Lab for 2022. TriLinc outperformed in the “Governance” category with an overall score of 117.3 against the median score of 50.9 for the 5000 businesses that completed the assessment.
TriLinc is an innovative impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its sponsored funds, TriLinc provides growth capital to established small and medium enterprises (“SMEs”) in developing economies where access to capital is significantly limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc’s environmental, social and governance (ESG) screens and commit to tracking and reporting on self-identified impact metrics.
“TriLinc is proud to be recognized by B Corp. as we are completely aligned with the B Lab Mission,” said Gloria Nelund, Founder and Chairman of TriLinc. “TriLinc is a purpose-driven company that believes in the power of capitalism to solve social and environmental challenges.”
To be # Best for the World, B Corps must have scores in the top 5% of one or more of the five impact areas assessed toward the certification.