Within the midst of the ongoing evolution in capitalism, businesses are rapidly becoming more socially responsible and are striving towards capitalizing on positive social change. The non-profit organization called B-Lab, is a leading community that is working towards revolutionizing the business environment by creating a new type of corporation called B-Corporation. Benefit-Corporations are those that strive to do better business with higher-standards in social consciousness and accountability. They base their business plan on a triple bottom-line that emphasizes the impact they make on the people and their community. The idea behind B-Corporations is to enable the integration of our values into the business we do instead of compromising them.
“B Corps might turn out to be like civil rights for blacks or voting rights for women — eccentric, unpopular ideas that took hold and changed the world.” writes Esquire Magazine.
B-Lab leads this movement through three extensive initiatives of certifying B-Corporations, passing legislative laws and investing capital for scaling. There are currently over 600 B-Corporations in 15 countries 60 industries. The elegant new business platform is enabling profit making by providing positive social impact. This win-win infrastructure is encouraging, as much as it is ground-breaking. There are lots of ways to get involved and be a part of the change.
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