For those who haven’t heard of B Corps, they are specially certified mission-driven corporations committed to doing good while making a profit.
It is exciting to see them growing in popularity to say the least.
“There are now more than 3,500 B Corporations in the world. These are companies that have been officially certified by nonprofit B Lab, for their commitment to not only pledging, but concretely showing, environmentally and socially beneficial business practices, public transparency, and the “legal accountability to balance profit and purpose.” B-Corps-to-be must pass a 200-question assessment that judges performance across five impact areas: governance, the environment, workers, customers, and community.
Christopher Marquis, a professor of sustainable global enterprise at Cornell University, started research for his new book, about the ongoing vitality of the B Corporation ethos, in 2017, but it’s during the past summer that he’s seen the B Corporation movement picking up some serious speed. In the last few months, two B Corporations have gone public, and six large, multinational companies have begun the journey to qualifying for B Corporation status. “This summer really indicates a sea change, in some ways, in the movement,” Marquis says.”
How the B Corporation movement is remaking business
https://www.fastcompany.com/90560758/how-the-b-corp-movement-is-remaking-business
The first certified B Corporation in South Carolina is Charleston’s own Money with a Mission, which helps it’s clients align their financial investments with their social values.
Another local resource of note is In Place Impact, which, among other things, offers a free community class on creating mission-driven businesses thar address community needs while balancing the 3 Ps: people, profits, and the planet.
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