Corporate Social Responsibility Profile of B Lab/B Corporation

B Lab is a nonprofit organization whose mission is to create a new sector of the economy that harnesses the power of business to solve social and environmental problems. This sector will be comprised of a new type of corporation - the B Corporation - which creates economic opportunity, builds strong communities and preserves a healthy environment. B Corps meet higher standards of accountability, transparency, and social and environmental performance. As of September 2009, there are over 220 certified B Corporations from over 50 industries with more than $1 billion in revenues and $7 billion in assets under management.

B Lab's objective is to help B Corps become legally recognized by the states, tax preferred by the IRS, and valued by employees, investors, and consumers. B Lab also re-purposes the standards used to certify B Corps to help investors make high impact investments and governments implement policies to support sustainable business.

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