Actions :: Become a B Corporation

Become a B Corporation

Causes: Ethical Business
Commitment: long-term ongoing
Location: Worldwide
Website: www.bcorporation.net
Action: Make a binding commitment to donate a chosen percentage of your personal proceeds at the point of liquidity. Choose the percentage that's right for you, above our minimum 2%.
Skills / Eligibility: Founder or senior exec in a business

Certified B Corporations are a new kind of business that balances purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. This is a community of leaders, driving a global movement of people using business as a force for good.

Experiences

Jonathan Trimble on medium.com:

Certifying as a B Corps means that your company considers its impact on all stakeholders (employees, clients, production companies, local communities and the environment) not just shareholders or profit. I emphasise ‘not just’. B Corporation is not anti-shareholder value or anti-profit. It simply challenges the concept that business is only there for profit alone. At the heart of B Corps is the concept of ‘interdependence’. In other words, we are responsible to one another and the planet to create the right kind of progress.

SkyHive on medium.com:

There is not one word of research presented, ever, that would support negative social impact as “good for business” or good for economic development.

Pat Caldwell on www.fundapps.co:

Back in April 2018 we released a blog post sharing our ambition and commitment to becoming a certified B Corp. The B Corp mission has always resonated strongly with us and much of how we operate FundApps is about becoming the ‘force for good’ that is shared by the B Corp community.

The journey to being a force for good doesn’t stop with our B Corp certification. We have many areas we can improve in, from our turnover rate as we grow, to building upon our benefits offering, and to raising the bar on our environmental performance when we move into our new London office.

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