What are B Corporations?

B Corporations are a new type of corporation which uses the power of
business to solve social and environmental problems.  B Corporations are
unlike traditional responsible businesses because they:

Meet comprehensive and transparent social and environmental performance
standards.
Institutionalize stakeholder interests.
Build collective voice through the power of a unifying brand.

Why B Corps Matter

B Corporations address two critical problems which hinder the creation
of social and environmental impact through business:
The existence of shareholder primacy which makes it difficult for
corporations to take employee, community, and environmental interests
into consideration when making decisions; and
The absence of transparent standards which makes it difficult for all of
us to tell the difference between a 'good company' and just good marketing.
B Corporations' legal structure expands corporate accountability and
enables them to scale and achieve liquidity while maintaining mission. B
Corporations' transparent and comprehensive performance standards enable
consumers to support businesses that align with their values, investors
to drive capital to higher impact investments, and governments and
multinational corporations to implement sustainable procurement policies.
Our vision is simple yet ambitious: to create a new sector of the
economy which uses the power of business to solve social and
environmental problems. This sector will be comprised of a new type of
corporation - the B Corporation. B Corporations will be legally
recognized by the states, tax preferred by the IRS, and valued by
investors and consumers. In a generation, this marketplace of B
Corporations will reach 5-7% of US GDP -- the size of the non-profit
sector today.

As a result, individuals and communities will have greater economic
opportunity, society will have moved closer to achieving a positive
environmental footprint, more people will be employed in great places to
work, and we will have built more local living economies in the US and
across the world.

Declaration of interdependence