What is a B Corporation?
A B Corporation, or Benefit Corporation, is a type of for-profit company that aims to produce a public benefit and sustainable value.
How is a B Corporation different from a regular corporation?
Unlike regular corporations, B Corporations are legally required to consider the impact of their decisions on society and the environment.
What are some examples of B Corporations?
Some well-known B Corporations include Patagonia, Ben & Jerry's, and Eileen Fisher, all of which prioritize social and environmental goals.
What are the benefits of being a B Corporation?
Benefits include enhanced brand reputation, attracting socially conscious consumers, and potentially better employee engagement.
How can a company become a B Corporation?
To become a B Corporation, a company must meet specific social and environmental performance standards and undergo a certification process through B Lab.
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