What is B Corp Certification?
B Corp Certification means that a company has been verified as meeting B Lab’s high standards for social and environmental impact, that it has made a legal commitment to stakeholder governance, and that it is demonstrating accountability and transparency by disclosing this record of performance in a public B Corp profile.
Stakeholder governance is a growing corporate governance alternative to shareholder primacy — the prevailing doctrine under capitalism that pushes companies to prioritize profit above all else, driving inequality, environmental extraction, and social fragmentation. B Corps make a commitment to consider the interests of all stakeholders in their business operations in five areas: workers, customers, communities, and the environment.
By certifying, B Corps step into a framework for continuous improvement. In order to maintain certification, companies must undertake the assessment and verification process every three years, demonstrating they are still meeting B Lab’s standards — which are themselves always improving, with continual input from expert stakeholders. B Corp Certification show that a company is part of a global community of business working collectively for economic systems change.