Submitted by: Inspiring Capital
Posted: Dec 18, 2013 – 05:39 PM EST
NEW YORK, Dec. 18 /CSRwire/ - Inspiring Capital announces its certification as a B Corporation, joining a global community of businesses committed to social and environmental responsibility. As a Certified B Corporation, Inspiring Capital voluntarily holds itself to a higher standard of transparency, accountability, and performance, harnessing the power of business to solve social and economical problems. Meeting the rigorous criteria to become a B Corporation demonstrates Inspiring Capital’s belief that ethical, responsible business practices are a necessary foundation of a better world.
Inspiring Capital’s mission is to revolutionize philanthropy to drive more efficient and sustainable social change. The firm helps businesses do strategic philanthropy and make nonprofits’ impact more sustainable. Working with best-in-class donors, not-for-profit organizations, and social enterprises to solve the most challenging social problems, the organization’s owners, employees, and volunteers commit to living the values that they promote working with clients and organization such as C.A.C. Industries, Inc, Green Bronx Machine, and Tomorrow’s Youth Organization.
Inspiring Capital’s B Impact Report is available at: www.bcorporation.net/community/inspiring-capital.
About Inspiring Capital
Inspiring Capital is fueled by a passion for effective, innovative, and sustainable social change driven by business-minded social entrepreneurs and their ventures. The revolutionary social impact firm provides philanthropic advising for donors, and technical assistance and strategic planning to not-for-profits. Inspiring Capital’s ultimate goal for not-for-profit organizations is to diversify their revenue stream so they’re not solely dependent on charitable contributions. To learn more about Inspiring Capital, or meet us at an upcoming event, please visit www.inspiringcapital.ly and follow us on Twitter @InspiringCap.
About B Corp
Certified B Corporations meet rigorous standards of social and environmental performance, legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. As of June 2013, there are more than 750 Certified B Corporations from over 60 industries and 27 countries, representing a diverse multi-billion dollar marketplace.
About B Lab
B Lab is a nonprofit organization that serves a global movement to redefine success in business so that all companies compete not only to be the best in the world, but the best for the world. B Lab drives this systemic change through a number of interrelated initiative: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing legislation to accelerate growth of social entrepreneurship and impact investing (12 states have already passed benefit corporation legislation); 3) driving capital to high impact investments through the use of GIIRS Ratings and Analytics (more than 60 investors with over $3B in impact assets under management use GIIRS); and 4) providing free, powerful tools for businesses to measure, compare and improve their social and environmental performance (more than 7,000 businesses use B Lab’s free B Impact Assessment).
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