First created in US law in Maryland in 2010, the Benefit Corporation is a new legal status of incorporation that requires organisations both to make profit and to serve a greater societal purpose. Crucially, they have a fiduciary duty to their shareholders on both counts, not just on profit, and so must state and report against a measurable public benefit.

Baby food brand Plum Organics was among the first to adopt this status, committing them to raise awareness and advance solutions for childhood hunger and malnutrition in the United States – not just sell baby food – and committing their shareholders to hold them to it. The associated voluntary certification system, the B Corporation movement, arrived in the UK in 2015.

Certified B CorporationsΒ are a new kind of business that balances purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment.

Although not food specific, they do include UK food brands, and there is inspiration to be drawn from the community of pioneers they are building, how businesses support one another and learn from each other, whether it is from their online forums or in-person events.

What we love about them:

We love that the B-corporation community has an online platform for different departments to share knowledge, help one another and provide mentoring support for employees of the member organisations.

More information:

How can UK businesses respond to the cost of living crisis? πŸ”

The power of business is a guide to action for businesses in a position to help support people and the planet during the crisis.

Download the guide & use your power to make change.
B Corps! πŸ“£ Our next B Social will be hosted by @MindfulChefUK & will include a panel event with @innocent, @pipandnut, @The_Uncommon_UK and COOK, discussing recertification and driving impact improvement. πŸ™Œ

Register your place via the link.
We want to hear from you! πŸ“£

After two years of development, B Lab is pleased to share the draft version of the new standards for B Corp Certification for review & input.

Make your voice heard, read @bcorporation's latest blog post to find out how.
We're hiring! B Lab UK is looking for 3 new team members...πŸ”

⭐ Director of Impact
⭐ Campaign Intern
⭐ Finance Manager

Think you could be right for a role? Follow the link to read the job descriptions & apply πŸ‘‡
The SDGs are your business. 🌍

On Tuesday @bcorporation hosted an online event to explore why real progress toward the SDGs will require the concerted efforts of generalised specialists across sectors.

Watch the event & take action now for the SDGs.
The SDGs are 17 interconnected global goals. Taking action on one goal drives progress on others. B Lab has the tools & programmes that businesses need in order to take action on the SDGs today.πŸ‘Œ

Find out more about B Lab’s tools...