Certified B Corporations aren’t just doing business better — they are encouraging other companies to do the same while building the B Economy.
Certified B Corporations aren’t just doing business better — they are encouraging other companies to do the same while building the B Economy. One measurement-driven method is to require suppliers to gauge their environmental and social benefit by taking the B Impact Assessment.
This process — answering questions about policies and procedures that in turn drive improvement and impact — gives companies an idea of where they stand and where they can get better. It also connects them with the B Corp community, where they can find collaborators, inspiration, and lessons for shaping a more inclusive and regenerative economy.
By encouraging or requiring their suppliers to factor environmental and social benefits into their business decisions and practices, B Corps amplify their values and build the B Economy. Through supplier screenings, B Corps are strengthening the stakeholder capitalism model and raising the bar for all companies to do business better.
How can companies address and improve sustainability issues in their supply chains? In this article from the Network for Business Sustainability, researcher Veronica H. Villena says procurement is a key but often overlooked component — and suggests ways that companies can take a new and better approach.
B Lab and other partners are presenting Shift 2021, a virtual event April 14-16 featuring impact leaders and action-oriented workshops. This new collaborative virtual event will feature more than 75 impact leaders sharing engaging content in 36 live sessions, plus networking opportunities with over 1,000 event attendees. B The Change readers can get a 20% discount off the ticket price: Use code BCORP20 when registering.
As COVID-19 drove consumers online in a big way, online sales grew as well as deliveries: More delivery trucks on the road, more boxes, more packaging. For B Corp Sendle, the environmental effects of this shift have renewed their dedication to the small businesses they serve and their commitment to positive impact.