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.
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A B Corporation is a type of for-profit company that is legally required to consider the impact of their decisions on society and the environment.
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My friend works for a B Corporation that focuses on sustainable practices and giving back to the community.
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Dude, that B Corp is killing it with their eco-friendly products!
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Being a B Corporation is like wearing a badge of honor for companies committed to social and environmental responsibility.