Cornerstone Capital Group, a research-driven sustainable finance advisory platform, has been granted national certification as a Women’s Business Enterprise by the Women’s Business Enterprise National Council (WBENC). The announcement was made by Erika Karp, the firm’s Founder and CEO.
Karp launched Cornerstone Capital in August 2013 with the ambition of bringing sustainable finance and investing to the mainstream of the capital markets. In offering investment management and consulting services, investment banking, and bespoke research capabilities, Cornerstone works with financial institutions, corporations and individuals to systematically integrate Environmental, Social and Governance (ESG) factors into all investment decisions to help drive sustainable business practices across the world. Cornerstone advises on approximately $800 million in assets and consults for some of the world’s leading companies and institutions.
“As diversity and sustainability are inextricably linked in driving corporate excellence, we are committed to transparency, collaboration and the highest purpose for the next iteration of capitalism. Diversity of thought and experience is essential to this mission. We are gratified to be officially certified as a woman owned business enterprise,” said Karp. “Greater diversity means greater collaboration, creativity, innovation, productivity and profitability for business . . . from the trading floor to the board room. We look forward to the opportunities the WBENC certification will bring.”
About Cornerstone Capital Group
Founded in 2013, Cornerstone Capital Group is a financial services firm based in New York. The mission of the firm is to apply the principles of sustainable finance across the capital markets enhancing investment processes through transparency and collaboration. In offering investment consulting and advising, investment banking, and strategic consulting services, Cornerstone works with asset owners, corporations and financial institutions, promoting new research in the field of Environmental, Social and Governance (ESG) analysis, and facilitating capital introductions for organizations around the world engaged in sustainable business practices. Cornerstone’s Board of Directors, Global Advisory Council and Staff partner with institutions including the World Economic Forum, the Clinton Global Initiative, the Sustainability Accounting Standards Board, the UN Global Compact, and the Principles for Responsible Investment to work towards a more regenerative and inclusive form of capitalism.
Cornerstone Capital Inc. is an investment advisor registered with the Securities and Exchange Commission. Securities offered through Strategic Marketing Solutions Ltd., LLC. Member FINRA/SIPC and a certified women’s business enterprise by the Women’s Business Enterprise National Council (WBENC).
The WBENC certification for women-owned businesses is one of the most widely-recognized and respected certification in the nation and is accepted by over 700 major corporations across the country and a number of federal and government agencies. Companies seeking WBE certification by WBENC must be demonstrably 51% owned, controlled and operated by a woman or women. The organization not only reviews a company’s lengthy application, but also conducts site visits. WBENC is the leading third-party certification organization for women-owned businesses and is a powerful advocate for WBEs as suppliers to corporate America.
Working with WBENC certified companies can help corporations fulfill contract obligations. Companies and government agencies that include women-owned businesses as their vendors show their commitment to fostering diversity.