Business Magazine

B Corps: The May Update

Posted on the 25 May 2011 by Blab

B Corps: The May Update 

B Lab has been busy this spring. New Jersey and Virginia passed Benefit Corporation legislation, the community grew to over 400 B Corporations, and B Lab has launched the public beta of GIIRS and Version 3.0 of the B Impact Assessment. With so much going on, it’s easy to lose track. Here’s an update on what you may have missed since our recent Annual Report.

Benefit Corp Legislation: 4 Down, 46 to Go

Virginia and New Jersey have joined Maryland and Vermont in creating a new corporate form for the new economy. Both states passed the legislation unanimously. Learn more about the status of other states moving forward on our Policy Page.

Learn More Now.

Gaining Momentum: 400 B Corps and Counting

Over 400 B Corporations are now using the power of business to solve social and environmental problems. B Lab certified 38 B Corps in Q1-2011. We are thrilled to welcome companies, such as Revolution Foods, Namaste Solar and W.S. Badger Co, Inc. To all B Corporations, thank you for your continued leadership and support. To other leaders, please join us.

In May B Lab will launch the B Academy, an informative monthly webinar series aimed at new companies considering B Corp certification. If you’d like to invite a friend or peer company to participate, contact thelab@bcorporation.net for more details.

In The News: Inc Magazine and the New York Times Take Notice

The B Corp community is gaining recognition. Inc Magazine features Cascade Engineering, a Michigan B Corp, in the May issue as a leader in social enterprise. Be sure to look for the B Corp callout, which also mentions method, Norwood Marble and Granite, Traditional Medicinals, Guayaki and Numi Organic Tea. Read it here.

The NY Time’s author, Tina Rosenberg, also highlighted B Corps in her Fixes column. In two articles, she argued the case for B Corps and included voices from across the community. Thank you to everyone who commented, showing the power of our collective voice.

A Scorecard for Companies With a Conscience

Ethical Business With a Better Bottom Line

In the March/April 2011 Edition of Sierra Magazine, the Certified B Corporation log was named one of the nine most trustworthy eco-certifications.

Sierra Club names B Corp One of the Most Trustworthy Eco-Certifications

Pro Bono Legal Services for
B Corps: TrustLaw Becomes a Service Partner

B Lab is excited to announce a new Service Partnership with TrustLaw, a program of the Thomson Reuters Foundation, providing legal pro bono services to B Corps. TrustLaw is an international vehicle for pro bono legal support and a hub of legal information, run by the Thomson Reuters Foundation, the charitable arm of the world’s leading provider of news and information. At the heart of the project is an ambitious electronic platform called TrustLaw Connect, designed to create a new “marketplace” for international pro bono work.

Learn more on our services page.

Continuous Improvement: Public Beta of Version 3.0 of B Impact Assessment is Launched

Your feedback is needed. After a private beta involving 200 companies in 30 countries, the public beta for Version 3.0 of the B Impact Assessment is occurring now through June 2. Help us create a more accurate and useful tool to assess corporate social and environmental impact. Version 3.0 offers a new Emerging Markets track and expanded social enterprise model metrics. Check out the public beta

GIIRS: World Beta

The GIIRS public beta is also taking place and all B Corps are eligible for a free GIIRS Rating. GIIRS is a ratings agency that provides comparable and transparent social and environmental performance data on enterprises seeking investment capital. By participating in the public beta, your company will become more visible and attractive to impact investors. Want to learn more? Visit giirs.org

Spread the Word

As always, please spread the word through email, Facebook and Twitter!

B the Change and let us know what you think!


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Perspectives: Being the Only B

    Perspectives: Being Only

    Illustration by Timothy CookBy Terena Bell, In Every Language Being the only one of something—whatever that something is—generally has one of two results. Eithe... Read more

    By  Blab
    BUSINESS
  • May Market Update - Slow Signs of Recovery

    Market Update Slow Signs Recovery

    Sales data released for last month shows we appear to continue on a slow road to recovery. Of course we won't really know how steady it will be until we see... Read more

    By  Homesmsp
    BUSINESS, HOME, HOME IMPROVEMENT, REAL ESTATE
  • Investing in Startups in Series B

    The Series B round of startups is generally their third cycle of financing. Once startups have proven their business models and are beginning to look forward... Read more

    By  Cameronchell
    BUSINESS
  • Perspectives: B Corps All A-Buzz in NC

    Perspectives: Corps A-Buzz

    By Evelyn Contre, Springleaf Strategies Lately, it seems that “B Corporation” has become a buzz word around these parts. I wrote a post on B Corps back in June... Read more

    By  Blab
    BUSINESS
  • Mid-Day Update

    Mid-Day Update

    Lets talk trends for a moment. As in up-trends. What is the definition of an uptrend when viewing a chart? Simple, higher highs and higher lows. When does an... Read more

    By  Phil's Stock World
    BUSINESS, ECONOMICS
  • An All B Event: The Windy City B Corp Gathering

    Event: Windy City Corp Gathering

    By Susan Garrigle, Services at B LabOn Thursday, September 29, 2011, B Lab held a Windy City Cocktail Party at Certified B Corporation DIRTT’s Chicago Green... Read more

    By  Blab
    BUSINESS
  • Mid-Day Update

    Mid-Day Update

    Courtesy of David of All About TrendsThis is where it gets tricky. Tricky in the sense that we’ve got a pending news driven event out of the EU this weekend or... Read more

    By  Phil's Stock World
    BUSINESS, ECONOMICS

Magazine