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What is a B Corp?

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Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability.

 

Certified B Corporations envision a better economic system where businesses can benefit people, communities, and the planet. They choose long-term investments over quick wins, and measure their success based on the positive impact they create.

 

B Corps come in all shapes and sizes, proving there’s always an opportunity to use business as a force for good.

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What does the
'B' stand for?

Driven by a desire to create an inclusive, equitable, and regenerative economy, the B stands for ‘Benefit for all’, which means Certified B Corporations care about people and the planet, alongside profit.

What does it mean to be a B Corp?

Certifying as a B Corporation goes beyond product- or service-level certification. B Corp Certification is one of the few certifications that measures a company’s holistic social and environmental performance. The B Impact evaluates how your company’s operations and business model impact your workers, community, environment, and customers. From your supply chain and input materials to your governance and employee policies and benefits, B Corp Certification proves your business is meeting high standards of verified performance.​​​​​​​​​​​​​​​​​​​​​​

Purposeful, profitable and resilient, B Corps use the power of markets to maximise, not just profits but, value for all stakeholders, creating a more inclusive, equitable and regenerative economic system for all people and the planet.

B Corp Declaration of Interdependence

We envision a global economy that uses business as a force for good. This economy is comprised of a new type of corporation—the B Corporation—which is purpose-driven and creates benefit for all stakeholders, not just shareholders. As B Corporations and leaders of this emerging economy, we believe that we must be the change we seek in the world. That all business ought to be conducted as if people and place matter. That through their products, practices, and profits, businesses should aspire to do no harm and benefit all. To do so requires that we act with the understanding that we are each dependent upon another and thus responsible for each other and future generations.

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