noun A type of business classification that balances profit and purpose, requiring companies to meet high standards of social and environmental performance, accountability, and transparency.
B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability.
B Corporations are committed to sustainable business practices and reducing their environmental footprint.
B Corporations are often seen as leaders in the field of corporate social responsibility, as they prioritize social and environmental impact alongside profits.
B Corporations are a key part of the social entrepreneurship movement, combining business principles with a focus on social impact.
B Corporations are known for their ethical business practices and commitment to social good.
A writer may choose to work for a B Corporation to align with their values and support companies that prioritize social and environmental impact.
A psychologist may recommend B Corporations to their clients who are looking to support businesses that are committed to ethical practices and sustainability.
An entrepreneur may choose to start a B Corporation to demonstrate their commitment to social responsibility and attract socially conscious consumers.
A consultant may specialize in advising B Corporations on how to improve their social and environmental performance while remaining profitable.
An accountant may work with B Corporations to help them track and report on their impact metrics, ensuring transparency and accountability.
A marketing specialist may develop campaigns for B Corporations that highlight their social and environmental initiatives to attract socially conscious consumers.
A human resources manager may implement policies and programs within a B Corporation that prioritize employee well-being, diversity, and inclusion.
A supply chain manager may work to ensure that a B Corporation's suppliers also adhere to ethical and sustainable practices, creating a more responsible supply chain.
A nonprofit director may partner with B Corporations for fundraising events or collaborations that align with their shared mission of creating positive social and environmental impact.