Certified B Corporation
B Corporations are leaders of the global movement of people using business as a force for good.
There are over 1,600 Certified B Corporations from more than 120 industries in nearly 50 countries with 1 unifying goal – to redefine success in business.
B Corps are important because they inspire all businesses to compete not only to be the best in the world, but to be the best for the world.
Certified B Corporations meet higher standards of social and environmental performance, transparency, and accountability.
It’s like Fair Trade certification but for the whole business, not just a bag of coffee (or USDA Organic certification, but not just for a carton of milk; or LEED certification, but not just for a building).
The performance standards B Corps meet are comprehensive, transparent and verified. They measure a company’s impact on all its stakeholders (e.g. workers, suppliers, community, customers and the environment).
Unlike traditional corporations, Certified B Corporations are legally required to consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., workers, suppliers, community, consumers, and the environment).
The 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 created benefits 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 mattered.
- 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.