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B Corp

Why B Corp Certification Matters

Companies can attract younger workers by seeking — or touting — B Corp status, the Wall Street Journal reports. Since 2007, B Lab, the nonprofit that awards companies with a B Corp logo based on their environmental and social business practices, says 859 companies — including Patagonia, Ben & Jerry’s, … Read more »

Campbell Soup’s Plum Organics, Method Among First Benefit Corporations in Delaware

Campbell Soup Company brand Plum Organics, Ecover’s US home goods company Method and fair trade food business Alter Eco were among the first  17 companies to register as benefit corporations since Delaware passed a law to give businesses greater freedom to pursue social and environmental objectives. Other companies to register … Read more »

Patagonia

Patagonia Commits ‘$20 Million & Change’ in Venture Funding

Patagonia yesterday launched an internal fund to invest in environmentally responsible startups focused on clothing, food, water, energy and waste. In a May 6 letter announcing the in-house venture fund, called $20 Million & Change, Patagonia founder Yvon Chouinard — a long-time advocate of corporate environmental stewardship — said the … Read more »

Companies Increasingly ‘Pursue Triple Bottom Line’

Companies Increasingly ‘Pursue Triple Bottom Line’

Echoing the growth in corporate social responsibility reporting, a growing number of mostly small- and medium-sized companies are taking environmental and social stewardship further and becoming benefit corporations — companies that are legally bound to have a positive effect on society — according to a report by Worldwatch Institute. There are currently … Read more »

Pennsylvania Accepts First Benefit Corporations

Home Care Associates, Untours Media, Yikes, Nolan Painting and Mugshots Coffeehouse were among more than a dozen companies to register as benefit corporations since Pennsylvania passed a law to give businesses greater freedom to pursue social and environmental objectives. The state’s new law allows entrepreneurs, investors and consumers the option … Read more »