B the Change

By B Lab | People Using Business As a Force for Good

This Bank Is Making Itself More Accountable To Investors. Here's Why

This is a first.<p>For the first time, a U.S. bank is putting its community mission on equal legal ground with turning a profit.<p>Virginia Community Capital, a nonprofit bank holding company with $150 million in assets, has converted the for-profit bank it owns into a public benefit corporation, a legal …

Banking

Glossary for Good – 16 Models + Approaches for Organizations Doing Good - RoundPeg

By Alison Klein | March 10, 2015<p>Since the concept of corporate social responsibility first hit the scene in the 1960s, the idea that businesses …

The Future Of Progressive Business Is Companies That Are Good, Not Just Doing Good

Responsible businesses today tout the idea of something called shared value—where profits, customers, and the environment all benefit from a company's success. But is that enough?<p>These days, we have high expectations of what companies should be. It’s not enough that they make good products. They …

Best Advice To Aspiring Entrepreneurs: Think Like A Toddler

, Contributor<p>Paul Lindley, Founder and Chairman, Ella’s Kitchen (Credit: Ella’s Kitchen)<p>Paul Lindley is Founder and Chairman of Ella’s Kitchen, a UK based company that is a leader in organic foods for babies and toddlers. Ashoka’s Ross Hall caught up with Paul this week to discuss the changing …

Leadership

Why My Startup Shouldn’t Choose Between Money And Mission | Fast Company | The Future Of Business

This is all very encouraging. But as any startup person will tell you (and many have told me), the whole enterprise is about constant re-invention, and so we find ourselves struggling with a slew of high-impact questions. Whom do we hire first? Where do we physically settle? How do we move the …

Customer Retention

How to help your company prepare for climate change in 2016

With the Paris agreement on the books, it’s time to look at how climate change – and its mitigation – will impact businesses, and how they can adapt<p>As 2015 comes to a close, we can look forward to starting a new year with a global climate change agreement that has been signed by 95% of the world’s …

Climate Change

Social Impact B Corporations Are on the Rise

New legislation is allowing companies to put social and environmental impact on par with profits.<p>A little provision was sneaked into the Italian parliament's big end-of-year budget package: it will now be possible for Italian companies, new or already existing, to incorporate as "Società Benefit," …

Governance

Can B Corp be the next Fair Trade for socially-minded corporations?

B Corp, a certification for business that undertakes environmental and other sustainability efforts, is starting to attract larger, public companies. But some roadblocks still remain<p>The B Corporation movement, which certifies companies that benefit society as well as their owners, is gaining …

Fair Trade

The Year In Social Enterprise And Impact Investing: 5 Noteworthy Happenings In 2015

Tis the season to look back at the year drawing to a close and assess the noteworthy happenings of the past 12 months. Here’s a list of five notable occurrences in the world of social enterprise and impact investing, in no particular order.<p><b>Mark Zuckerberg embraces impact investing.</b> When the …

Social Enterprise

B Corp Dharma Merchant Services Brings Transparency to Credit Card Processing

Launching a community-minded, transparency-focused business in an industry he describes as "rife with deceptive business practices, outrageous fees and disadvantageous contracts," Jeff Marcous thought his venture's appeal was clear.<p>"We just assumed that any company selling a green, sustainable …

Business Planning

5 Key Business Trends to Master in 2016

1<p>Retire the term “manager”<p>Illustration by Martín Laksman<p>Zappos CEO Tony Hsieh took the radical step of eliminating all managers at his company. Now …

Business Planning

Salt | B Corps: Unleashing an army of ethical businesses

SOCIAL AND ENVIRONMENTAL PERFORMANCE<p>Companies must meet rigorous standards of overall social and environmental performance; businesses are asked a …

Governance

B Corp Certification Is The 21st Century Standard For Business

For Jay Coen Gilbert, it felt like someone took a wrecking ball to his dream. <br>American entrepreneur Gilbert and two college friends launched AND 1 in …

Social Enterprise

Green Evolution: How Business Is Joining the Environmental Vanguard

Time was when governments and nonprofits were the only ones pushing planet-saving agendas. Wharton professor Sarah Light has done new research on …

Greenhouse Gas Emissions

The Deep Legal Roots of the Business Case for Sustainability

In 1932, E. Merrick Dodd wrote in the Harvard Law Review that the corporation is "an economic institution which has a social service as well as a …

Governance

20 Moments From The Past 20 Years That Moved The Whole World Forward | Fast Company | The Future Of Business

San Francisco

What is the Role of Business in Society?

Capitalism is the most powerful man-made force on the planet. It has played a central role in improving the quality of life for billions of people by constantly evolving through a delicate balancing act with government and civil society. When this relationship is in balance, capitalism is able to …

Governance

B Corp movement prompts debate about future of corporations

<i>Editor’s Note: This article originally appeared in LinkedIn Pulse.</i><p><b>By Paige Morrow</b><p>The B Lab was officially launched in the U.K. this past September, …

Governance

Kickstarter’s CEO says we need to overhaul the way we do business

<i>This post has been corrected.</i><p>I’m listening to Yancey Strickler, founder and CEO of the crowdfunding platform Kickstarter, with a growing sense of wonder. He looks understated: smiling, wearing spectacles, fitting right in to the hipster haven that is the Ace Hotel in Shoreditch, east London. But …

Kickstarter

B Lab Co-Founders Win the 2015 John P. McNulty Prize

Filed in Blog Topics: John P. McNulty Prize B Lab co-founders Jay Coen Gilbert, Andrew Kassoy and Bart Houlahan are the winners for the 2015 John P. …

Frightfully Good: How to Share Your Values This Halloween

By Alison Klein | October 21, 2015<p>This post is part of our Conscious Consumerism series to encourage our readers to live – and buy – responsibly. As …

Becoming a B Corp: only for the sustainable elite?

It can be tough for a business to get certified in social and environmental performance – just ask organic winemaker Fetzer Vineyards<p>In 1968, Barney Fetzer decided to start what he believed was a revolution in the fertile lands of California’s Mendocino County. He was going to challenge the status …

Agriculture

Can B Corps take companies beyond the bottom line?

With rafts of companies signing up to new carbon targets in the lead up to the Paris climate conference, many corporate leaders increasingly cite the …

Good corporate governance can improve a company's bottom line

When business is conducted in the right way, there is no more powerful agent of positive social change, says Edward Perry<p>As we digest the fallout of yet another big corporate scandal, there are plenty of people left wondering, once again, why there isn’t a better way of doing business. There is. …

Governance

Is B Corps Or Fair Trade Certification Right For Your Company? | Fast Company | The Future Of Business

If we can make it in Ethiopia, under all these challenges, there’s no reason anybody can’t do anything.

Innovation

Are B Corps a good investment? Bridges releases new paper

• B Corp is a global movement of companies looking to combine social and financial goals<br>• Today it launches officially in the UK, with an initial cohort …

United Kingdom

Impact Is The New Mobile

It’s no longer acceptable for a website to not render well on mobile. In the next decade, it won’t be enough for a company to merely be profitable — customers, employees and investors will all demand that a company produce positive impact, as well.<p>This might seem unlikely, but so did businesses …

Governance