When you become a B Corp, you are joining a global movement of entrepreneurs using the power of business to solve social and environmental problems.
B Lab serves these entrepreneurs through three interrelated initiatives that provide them the legal infrastructure and help them attract the customers, talent, and capital to scale. Read more
What are B Corps?
I was so delighted in finding out about B Corps – Food 4 Social Change is a for profit company and everyone says to me “Why don’t you become a non-profit?” Because I don’t want to! You know you only have to file a blah, blah when you make over $50,000. “WE” at F4SC need to be self-sustaining in all ways in order to help other people. This is why we are partnering up and collaborating with other organizations.
B Corps are certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability and transparency.
Today, there is a growing community of more than 600 Certified B Corps from 15 countries and 60 industries working together toward 1 unifying goal: to redefine success in business.
B Corps improve the quality of life in their communities and create hight quality jobs for their workers.
- 68% more likely to donate at least 10% of profits to charity.
- 47% likely to use on-site renewable energy or use Green resources
- 18 % more likely to use suppliers from low-income communities
- 55% more likely to cover at least some of of the health insurance costs for employees
- 45% more likely to give bonuses to non-executive members
- 28% ore likely to have women and minorities in management
Here are a couple of companies that have taken advantage for being a “B” Corp:
Sustainable Harvest imports more than one of every six pounds of Fair Trade and organic certified coffee sold in the U.S. They source beans for major retailers like Peet’s Coffee and Whole Foods, making them one of the largest importers in the nation. They can also make a claim to being the highest impact. Read more
King Arthur Flour
After nearly 225 years in business, King Arthur Flour knows a thing or two about success. What’s their secret? Focusing on their employees. Based in Norwich, VT, this Rockstar (and America’s oldest flour company) began as a family owned business before transitioning towards an employee ownership model in 1996 and are now 100% employee-owned and thriving. Read more
Take an assessment from B Lab and see how well you are doing compared to other companies.