What are B Corps?

B Corps are businesses that meet the high standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.

Society’s most challenging problems cannot be solved by government and nonprofits alone. The B Corp community works toward reduced inequality, lower levels of poverty, a healthier environment, stronger communities, and the creation of more high quality jobs with dignity and purpose. By harnessing the power of business, B Corps use profits and growth as a means to a greater end: positive impact for their employees, communities, and the environment.

B Corps form a community of leaders and drive a global movement of people using business as a force for good. The values and aspirations of the B Corp community are embedded in the B Corp Declaration of Interdependence.

There are 7 500 B Corps worldwide. Since 2010, under B Lab’s (non-profit responsible for the growth of the movement) guidance 51 jurisdictions around the world have introduced stakeholder governance statutes, including Italy (Societá Benefit), Colombia, France (Enterprise à Mission), Spain (Empresas con Propósito), Peru, Rwanda, Uruguay, Ecuador, British Columbia, and Canada, as well as 44 U.S. states, Puerto Rico, and the District of Columbia (Washington, D.C.). These laws enable the creation of a new legal type of company, the “Benefit Corporation,” which is legally focused on a long-term mission beyond delivering short term profits, and is committed to delivering value to stakeholders beyond shareholders.

We are proud to help build this movement, structure legal systems and help companies transition to a more sustainable model of operation.