Assumption Life becomes the first life insurance company in Canada to obtain B Corp certification

10/18/2017 12:00:00 AM

Assumption Life has just obtained B Corp certification. It is the first life insurance manufacturer in Canada and the 200th Canadian company to obtain this certification.
 
B Corp certification is awarded to a company that works to improve the economic and social well-being of its community, and fosters the promotion of shared and sustainable prosperity. Companies that have achieved B Corp certification are built by innovative entrepreneurs that create companies that contribute to the well-being of society and the environment. This goal is an integral component of their business model and is reflected in their activities.
 
André Vincent, Assumption Life's President and CEO, states: "The B Corp community complies with a protocol that provides a better structure for corporate social and environmental commitments. That is why we are proud to join a global community of entrepreneurs whose companies value diversity and respect for the environment. I would like to take advantage of this opportunity to celebrate this certification with our employees."
 
"We are delighted to welcome Assumption Life into the local community as our 200th Canadian B Corp.  Their certification demonstrates the growing movement which includes all industries.  It is great for Assumption Life to be recognized for their investment into the community and how they are committed to creating value for all stakeholders.” Joyce Sou, Director, B Lab Canada.
 
To mark the occasion, the announcement of Assumption Life's certification takes place at the same time as the launch of the company's United Way committee campaign, which is a cause that Assumption Life and its employees have supported for many years.
 
B Corp is an international movement that brings together 2,310 companies in over 130 industries in 50 countries. Each of these companies must meet rigorous standards of social and environmental responsibility. Operating in various industries, B Corp certified companies work together to achieve a common goal: to redefine success in business. For more information about B Corp: www.bcorporation.net
 
Established in 1903, Assumption Life offers life and critical illness insurance, group insurance, investment and retirement solutions, and mortgage loans. It operates in every province and territory in Canada. Its head office is located in Moncton, New Brunswick. For more information about Assumption Life: www.assumption.ca.