"The wave of specialty tea companies embracing B-Corp status is an exceptionally positive trend with powerful, long-term implications. Ultimately this leading-edge approach to conducting business will deliver the accountability and transparency tea consumers are increasingly seeking and the trade itself ...
“B Corp is to business what USDA Organic certification is to milk.” A Certified B Corp is a for-profit corporation that has been certified by B Lab, which is a non-profit company that measures a company’s social and environmental performance against the standards in the online B Impact...
IMPACT 101: Thousands of firms – including Patagonia, Triodos, Nespresso and The Guardian – now boast a ‘B’ symbol. But what exactly is a B Corp? How does certification work – and what criticisms does it face? Our expert contributorAdam Garfunkelhas the answers. THIS IS SUBSCRIBER ONLY...
What is the purpose of corporate social responsibility? Corporate social responsibility programs aim to give structure to a company’s efforts to give back to the community, participate in philanthropic causes, and provide positive social value. Businesses increasingly turn to CSR to make a difference...
Trying to decide whether becoming a B Corp is a good idea for your business? Let’s look at some reasons why and why not. Advantages: Enhanced corporate responsibility and accountability A B Corp considers the impact of its decisions on all stakeholders, not just shareholders. The result is ...
Because I am nervous that this may not always be the case, I am glad to report that my recent experience is positive. The British Board of Film Classification (of which I am president) has just started a round of public meetings and in the last week we have been in London, Edinburgh ...
B Corps are for-profit businesses committed to a new economy, focused on making a positive difference to their employees, customers and the natural world.
The desire to do good while doing well is not an unheard-of trait among businesses: Perhaps 50,000 enterprises with that goal exist in the U.S. today, according to B Lab, the Berwyn, Pa., nonprofit that has been the prime force encouraging states to adopt B corporation legislation...
A C corporation (or C corp) is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. C corporations, the most prevalent of corporations, are also subject to corporate income taxation. The taxing of profits from the business is at bot...
Digital World Acquisition Corp (DWAC) is another example of a blank check company. It was formed as a SPAC with the goal of merging with Trump Media & Technology Group (TMTG), the parent company of thesocial media appTruth Social. The deal,approved in March 2024, allowed TMTG to become ...