B Lab is a nonprofit organization that serves a global movement to redefine success in business. It's vision is that one day all companies will compete not only to be the best in the world, but best for the world.
B Lab drives this systemic change through a number of interrelated initiatives: 1) building a community of Certified B Corporations who lead this movement and make it easier to tell the difference between â€œgood companiesâ€ and good marketing; 2) passing benefit corporation legislation to create a new kind of corporation legally required to create value for society, not just shareholders; 3) helping investors invest for impact through use of the B Analytics data platform; and 4) helping businesses measure, compare and improve their social and environmental performance through use of the B Impact Assessment as a free powerful educational tool.
Today, 63 companies across 30 industries and 11 countries were recognized for creating the most positive environmental impact by the nonprofit B Lab, with the release of the ‘B Corp Best for the Environment List’, a second installment in its ‘B Corp Best for the World’ series.
Today, 67 companies worldwide were recognized for creating the most positive overal...
Today, UBS AG committed to GIIRS as a Pioneer Investor, selecting GIIRS as its impact metrics partner for its Value Based Investing Unit. UBS is a global firm providing financial services to private, corporate, and institutional clients in more than 50 countries.
Andreas Ernst, Hea...
B Lab is pleased to announce the final group of GIIRS Pioneer Funds. Eleven new funds have joined the Pioneer Funds since October, bringing the total number of funds to 53. These new funds represent $366 million in invested capital, with a combined total assets under management for the 53 Pioneer...
Today B Lab named the 2012 ‘Rockstars of the New Economy’, companies recognized for their ability to achieve both high growth and high social and environmental impact. Six businesses nationally were honored, including online bookseller Better World Books, food services provider Revolution Foods, ...
Today B Lab released the first ‘Best for the World’ lists recognizing companies creating the most positive overall social and environmental impact. The ‘Best for the World’ companies score 50% higher than nearly 2,000 other sustainable businesses, and in the top 10% among more than 500 Certified...
New York Secretary of State Cesar A. Perales was on hand to accept filing papers from New York’s first benefit corporations, a new kind of corporation that became available in New York for the first time today. Created when Governor Cuomo signed S.79-A (Squadron)/ A.4692-A (Silver), the benefit c...
Joins Community of 500 Companies to Redefine Success in Business
Today, Patagonia earned certification as a B Corporation, joining more than 500 leading businesses from 60 industries that share a common goal to redefine success in business.
“Patagonia’s strives not...
Today, Patagonia became the first company in California to elect benefit corporation status. Patagonia founder Yvon Chouinard led the largest group of businesses to register on the legislation’s first effective date among the 7 states that have passed benefit corporation laws. The dozen CEOs fi...
At midnight last night a law was enacted creating benefit corporations, a new class of corporations required to create benefit for society as well as shareholders. Unlike traditional corporations, benefit corporations are required to create a material positive impact on society and the environme...