Corporation B Good Corporation B Good

Corporation B Good

by Andrew Price

September 14, 2007

You know how everyone from McDonald's to BP is trying to convince you they're helping the world, and not just themselves?

B Corporation was created to call their bluffs, and to reward companies that actually are taking social responsibility seriously.

It's a new designation for commercial enterprises that checks their practices against high standards for transparency and social and environmental benefit.

Philanthropy blogger Lucy Bernholz:

"...why do I think the B Corp is a big deal? Its value based. Its structural. It inherently challenges our rigid definitions of public, private, and independent. Its systemic in its thinking, grassroots in its organization, movement-centric in its ideology, and accessible to enterprises of all sizes, shapes, and purpose."

Could B Corporation status take off? Only if consumers care.


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Corporation B Good