B Corporation
posted by Noah at 9:14 AM
B Corporation is a new organization promoting a higher level of responsibility for businesses that want to be considered green. To be considered a B Corporation businesses must meet a comprehensive set of social environmental standards, plus institutionalize stakeholder interests. The organization is still in it's early stages, so it will be interesting to see if they can set a standard that is recognized and has an impact on the business world.
Labels: corporations, green
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Impact Makers is Richmond's first B Corporation. Impact Makers is one of 56 "Founding" B Corporations and goes beyond the B Corporation requirements in that it has no equity ownership (ie. no shareholders) at all and exists solely to maximize comminuty stakeholder value.
Visit Impact Makers' website at: www.impactmakers.org
There are now 81 B Corporations from 17 states, working in 20+ industries and representing a $650 million marketplace. Check it out at bcorporation.net.
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