About B Corps

Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.

Society’s most challenging problems cannot be solved by government and nonprofits alone. The B Corp community works toward reduced inequality, lower levels of poverty, a healthier environment, stronger communities, and the creation of more high quality jobs with dignity and purpose. By harnessing the power of business, B Corps use profits and growth as a means to a greater end: positive impact for their employees, communities, and the environment.

B Corps form a community of leaders and drive a global movement of people using business as a force for good. The values and aspirations of the B Corp community are embedded in the B Corp Declaration of Interdependence.

THE BCORP DECLARATION OF INTERDEPENDENCE

We envision a global economy that uses business as a force for good.

This economy is comprised of a new type of corporation - the B Corporation -
Which is purpose-driven and creates benefit for all stakeholders, not just shareholders.

As B Corporations and leaders of this emerging economy, we believe:

  • That we must be the change we seek in the world.
  • That all business ought to be conducted as if people and place mattered.
  • That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all.
  • To do so requires that we act with the understanding that we are dependent upon another and thus responsible for each other and future generations.

 

 

B Corp Certification

Verified Performance
Verified Performance
Legal Accountability
Legal Accountability
Public Transparency
Public Transparency

B Corp Certification doesn’t just evaluate a product or service; it holistically assesses the overall positive impact of the company that stands behind it.

Certified B Corporations achieve a minimum verified score on the B Impact Assessment—a rigorous assessment of a company’s impact on its workers, customers, community, and environment—and make their B Impact Report transparent and publicly available on bcorporation.com.au. 

The combination of third-party validation, public transparency, and legal accountability help Certified B Corps build trust and value. B Corp Certification is administered by the non-profit B Lab.

Meet the Community

Aspen Medical

DEAKIN, Australian Capital Territory
Australia

Aspen Medical is a global provider of guaranteed, innovative and tailored healthcare solutions across a diverse range of sectors.

Australian Ethical Investment

Sydney, New South Wales
Australia

Australian Ethical is a financial services company with a difference. They use the powerful force that is capital for change and are a super fund that invests in companies that benefit the planet and people to influence the world positively.

More Questions?

Benefit corporations and Certified B Corporations are often confused. The B Corp Certification is a third-party certification administered by the non-profit B Lab, based in part on a company's verified performance on the B Impact Assessment. The benefit corporation is a legal structure for a business, like an LLC or a corporation. Benefit corporations are legally empowered to pursue positive stakeholder impact alongside profit. Some companies are both Certified B Corporations and benefit corporations, and the benefit corporation structure fulfills the legal accountability requirement of B Corp Certification. Learn more about the difference.

B Corp Certification is administered by Standards Analysts at the non-profit B Lab. Standards Analysts are located at B Lab's Pennsylvania, New York, and Amsterdam offices. The standards for B Corp Certification are overseen by B Lab's independent Standards Advisory Council

The B Corp community reflects the world's business landscape, ranging from sole proprietors to publicly-traded companies. The majority of the 2,500+ B Corps are small businesses. Multinationals are engaging the global B Economy both through B Corp Certification and other engagements with B Lab.

FAQ