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@BCorporation | 288 Articles | 2 Magazines | 1,650 Followers | B Lab is a 501(c)(3) serving the world's leading entrepreneurs of the B Corporation Community, a global collection of companies using the power of business as a force for good. There are currently 760 B Corps in 27 countries and 60 industries around the world. For more information, visit http://www.bcorporation.net

Impact investing isn't much drag on returns: Study

There's now more data to support the idea that doing well and doing good are not mutually exclusive.

Investing

Rethinking Corporate Purpose

During the last year I have been fortunate to attend a number of conferences on talent management and corporate performance. Most recently I was on a panel at the Milken Institute Global Conference which examined this issue. The panel consisted of a mixture of academic and corporate executives. …

Corporations

B Corp Ditto Makes a Better Hanger -- and Learns How to Sell It

When Gary Barker's design team embarked on redesigning the clothes hanger as an environmentally sustainable product, Barker secretly thought it was the "stupidest idea" ever. That was in 2006; now the resulting Ditto hangers are being embraced by major retailers such as Levi Strauss, REI and the …

Sustainable Design

Double Duty Dollars: Behind The Crazy Idea That Investors Can Make Money And Change The World At The Same Time

In 2001, after 29 years cultivating Napa’s Silver Oak Cellars and its iconic cabernet sauvignon, Justin and Bonny Meyer sold their 50% stake to partner Ray Duncan for $110 million. With Justin’s health iffy, they hoped it would give them more time together for philanthropy and to build their newer …

Investing

10 ways to make your business more profitable by being socially responsible

How sustainable is your business? Photo: Intel free Press/ Flickr.

The trend towards social responsibility in the workplace is driving many successful …

Sustainable Business

Why Some Companies Are Legally Swearing They Won't Be Evil

More than 1,200 businesses have registered for "B Corp" certification, which obligates them to stringent labor and environmental standards. Would widespread adoption transform capitalism?

Any company can stock its office vending machines with free bottles of organic coconut water and profess to care …

Sustainability

Encountering Benefit Corporations

I first met Jay Coen Gilbert, founder of B Lab, the nonprofit behind the B-Corporation concept, 10 years ago at a Spirit in Business meeting. I invited the group to my "Circle of Entrepreneurs" meeting, and Jay showed up. He liked the way we had created something out of nothing, a talent he …

Corporations

Brazil's big greenwash boom

Greenwashing is rife in Brazil, where consumer goods companies are making more green claims than ever, according to a new study from Market Analysis, a Brazilian research firm.

The study – which follows a similar report conducted in 2010 – analyzed more than 2,300 products across six different …

Brazil

Grow, Grow, Grow and Then What?

The pervasive thinking for VC-backed start-ups for the past 20+ years is to launch and grow quickly. Then they need to grow and grow and keep growing forever. For present day Unicorns, the growth is in the form of revenue growth (profitability is so 1979) and thus valuation growth (that mythical …

Revenue

This Slide Shows Bosses Totally Don't Understand Millennials

It turns out high pay isn't everything to millennials.

Venture capitalist Mary Meeker delivered her annual Internet trends report on Wednesday, and among the 197 slides she presented was a little nugget on the disconnect between what millennials want in the workplace and what their bosses think they …

Mary Meeker

Why measuring social impact has become just as important for companies as doing the ‘right things’

It began over a pint of beer. Brainstorming business ideas, Steve Beauchesne and his father Tim observed that eastern Ontario lacked a notable craft …

Business (Canada)

No Resume? Criminal Background? No Problem At This Yonkers Bakery

The open-hiring policy at Greyston Bakery in Yonkers, N.Y., invites local residents to apply for jobs — regardless of their immigration status, whether they have criminal or drug records, or even prior work experience.

It's all part of the company's social-justice business model, based on the …

Employment

Why Investing In People And The Environment Pays Off For New Belgium

Kim Jordan, the cofounder of New Belgium Brewing, recently traveled to Asheville, which will soon be home to the company’s second brewery. She had a busy schedule on her visit: she checked in on the progress of the new brewery under construction, she spoke to community members at the opening of New …

Environment

5 Reasons #SocEnt Start-Ups should Measure their Impact

Seven months into their operations, the co-founders of EcoZoom took time to go through the B Impact Assessment — a comprehensive assessment of a …

Startups

Being the Best Boss for the World

Starting a small business comes with plenty of challenges. For example: what happens when you’re not quite as small any more? We spoke to Nora

Veterinary Medicine

Why Etsy's IPO Changes the Game for Social Ventures

GOING PUBLIC

As the second B Corp to go public ever, Etsy is paving the way for other social ventures.

For-profit social ventures sure have come a long way.

Look no further than Etsy's spectacular public offering in mid-April. The IPO netted $267 million for the crafts marketplace, which saw its share …

Venture Capital

3 Ways the Top-Performing B Corps Improve their Impact

There’s one thing all Best for the World honorees have in common: they never stop trying to improve. We asked the top-scoring B Corps what practices …

Recycling

B Corps Make Better Mothers' Day Gifts

Sean Tennerson @tennersonsean

Will David Chen of Equilibrium Capital Pioneer “The Next Stage” of Impact Investing?

Learn more about this week's …

Want to attract millennial hires? Consider taking the B Corp plunge

Every business wants to stand out from the crowd — especially when it comes time to recruit the next generation of employees.But the big question …

News (Canada)

Beyond capitalism and socialism: could a new economic approach save the planet?

To avoid social, environmental and economic collapse, the world needs to move beyond the standard choices of capitalism or socialism. That’s the conclusion of a new report released Wednesday by US think tank Capital Institute.

The non-partisan think tank argues that both systems are unsustainable, …

Economics

B Corporations: A New Kind of Company Needing a New Kind of Funding Model

Much has been made of last week's listing of Etsy, the online marketplace for Mums & Pops to sell their wares. The media attention given to Esty was due to the fact that it was just the second B Corporation (www.Bcorporation.net) to go public.

B Corps are a new type of company that uses the power of …

Business Model Innovation

Etsy and the B Corp IPO: Sustainability Meets Wall Street

By Peri Schweiger and Jackie Marcus

Corporate responsibility professionals have had a not-so-secret crush on investors for years. However, the …

Wall Street

Q&A: Vincent Stanley, Patagonia

Since Yvon Chouinard began selling reusable climbing pitons from the trunk of his car in 1957, Patagonia has built a reputation as a sustainable and

A New Inning For Impact Investing

We are also seeing the scoreboard light up with exciting and innovative companies, funds and accelerators that are capturing the attention of investors and consumers across the nation.

In the United States, solar energy provider SolarCity has signed up almost 200,000 customers, announced a …

Investing

'Do-good' companies can do well for investors, Wharton researchers say

Impact investing is a nice idea — and for many critics that’s precisely the problem.

The relatively young industry, which focuses on social or environmental returns in addition to financial ones, has until now lacked performance data. So how can you tell if investors are truly "doing well by doing …

Investing

Win-Win-Win: This Best for Communities Honoree Just Gave Itself Away

One of the Best for the World lists that requires the most explanation is our Best for Communities list. While our Best for Workers and Best for the …

Social Enterprise

Interest in Social Mission Gains Ground Among Small Companies

When shares of Etsy, the online marketplace for arts and crafts, began trading for the first time last week, the company became not only the latest hot technology start-up for investors but also the best known B Corp to go public.

So-called B Corps commit to upholding high social and environmental …

Arts and Crafts

A Week of Social Impact for Business (SSIR)

The field of social entrepreneurship advances apace, and this week was no exception. In fact, for those who champion business and the capital markets …

Social Enterprise

Did Etsy's IPO herald a pivot from Wall Street's 'greed is good' standard?

There’s an old Wall Street saying that goes: “Pigs get fed, but hogs get slaughtered.” For some insiders, the initial public offerings market captures the truth of this better than most other corners of the financial world, if only because it offers the opportunity for so many different folks to …

Start Here

Our Best for the World honorees all commit to dozens of exceptional business practices to improve their impact on the world — but what do they think …

Living Wage