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

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 …

Startups

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

Positioning and marketing your brand as being socially responsible and willing to accommodate the good deeds of your can be expensive and time …

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 …

Venture Capital

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

Environment

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 …

Research

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 …

Etsy

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 …

Wall Street

“Start Here” — Best for the World — Medium

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 …

Living Wage

B Corp Movement Gets Its Wings In Europe

Europe is taking a step toward catching up with the U.S. social entrepreneurship movement with B Corp certification launching in the Netherlands today.

Nonprofit organization B Lab is tasked with issuing these certifications and monitors and measures the contributions companies make to their …

Europe

The Best B Corps Might Just Be The Best Companies For The World

The movement of companies putting environmental and social performance on equal footing with profit is going global.

For most of the business world, the bottom line still reigns. But over the past several years, an alternative movement of companies dedicated to improving their social and …

Public Company

Etsy I.P.O. Tests a Corporate Commitment to Social Issues

The online craft bazaar Etsy made its debut on the Nasdaq stock market Thursday, signaling the birth of an unusual public corporation — and not just because its employees carry around compost on bicycles, or because its regulatory filings are peppered with phrases like, “We keep it real, …

Etsy

120 Companies Win ‘Best for the World’ Ranking

"These companies use the power of business to solve social and environmental problems and have...

Environment
Asia

Big Business May Be Our Best Hope for Sustainability

Earth’s future is in the hands of big business.

Does that statement sound ominous? It shouldn’t. Take Starbucks’ recent announcement that 99 percent of its coffee is now verified as ethically sourced. Almost every coffee bean in their supply chain is good for the people who grow it, and good for the …

Sustainable Business

Etsy IPO challenges company’s socially conscious reputation

Being a socially conscious company is part of Etsy’s DNA, but the online marketplace will have to meet a stiff hurdle to preserve that reputation.

Online marketplace must balance doing well and doing good

SAN FRANCISCO (MarketWatch) — Etsy Inc., the online marketplace for unique and hand-crafted …

Etsy

The Local Global: Is Best for NYC Best for the World?

Last month, New York City launched Best for NYC, a multi-year campaign to encourage the city’s businesses to improve their social and environmental …

New York

Nice is suddenly fashionable in Corporate America

Why companies from McDonald's to Etsy are suddenly tripping over themselves to do the right thing.

As strange as it may seem, nice is the new black when it comes to attracting customers and turning a profit.

Companies from McDonald's to Etsy have been increasingly tripping over themselves to prove …

Corporate America

Don't brand your business with the label 'ethical'

Handmade cosmetics retailer Lush is proud of the fact it does zero advertising. It’s also pretty chuffed about its ethics. It has every right to be, having won an Observer Ethical Award last year. The Dorset-based brand shuns animal testing, caps executive pay, donates to anti-fracking groups, pays …

Case Foundation, B Lab Team Up To Make Measuring Impact More Mainstream

“We know that only a small percentage of the companies that use B Lab’s tools will likely become certified B Corps,” Andrew Kassoy, one of B Lab’s co-founders, and Kate Ahern, vice president, social innovation at Case, wrote in a recent post. “In a generation’s time, this work will help establish a …

Waste Is an Error of Design

There is a worldwide concern that the ability of our environmental systems to sustain the conditions of life as we know it is being compromised. We …

Recycling

When B Corp Met Wall Street

If Unilever follows up its B Corp flirtation with a real commitment, it will become the third, and by far most prominent, public corporation to join

The B Corp Revolution

Decades ago, customers only wanted to know how good a company’s products were. Increasingly, they want to know how good the company is.

More businesses …

The Value Of B Corporation Certification – Q&A with Anne Sherman, Director Sustainability, Staach

B Corps are for-profit organizations certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance,

Sustainability