You may have heard of a for-profit corp and a non-profit corporation…but there’s a good chance you haven’t met B yet.
A B corporation is one that integrates business objectives with social standards and sustainability considerations.
B corporation certification requires meeting specific criteria with regards to:
- transparency
- social & environmental performance
- enhanced legal accountability
- documentation & business practices
It’s a fascinating and innovative approach to addressing the challenge of marrying social considerations with the inherent duty of a business corporation to create profit for its shareholders.But don’t take my word for it…you can learn more about what a B corp is in their intro video:
Read on:
- http://www.bcorporation.net/ (Certified B Corporation)
Innov8social
Innov8social
Innov8social
When it comes to those factors, B corporation comes into play. Transparency, social and environmental performance, enhanced legal accountability, and documentation and business practices should always be considered.
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