I am preparing to become a Professsional Trade Ally of Earth Trust this week. Earth Trust is a Community partner with a new type of corporation using the power of business to solve social and environmental problems the Benefit (B)Corporations. Using comprehensive and transparent social and environmental standards via the B Rating System and a unifying brand. 285 companies , 54 industries and 30 US states are now B Corporations.
The point of B Corp and its rating system is to distinguish between the companies that say they’re doing good things, and the companies that can prove that they are. B Lab embraces corporate values that include;
the interests of employees, community and the environment.
Resources and information to improve your company’s social and environmental performance.
A community of fellow entrepreneurs who share best practices; consumers looking to support “good companies” and investors aligned with your company’s mission
Society will move closer to achieving a positive, environmental footprint and more people will be employed in great local places t o work.
Examples of the growing B Corporation Community
ShoreBank Corporation – ShoreBank is steering the banking world in a different direction by investing in people and their communities to create economic equity and a healthy environment.
Solmetric Corporation -Solmetric focuses on developing quality tools for the solar installation industry.
Hydrovolts – Revolutionary in-stream hydrokinetic turbines that generate renewable energy from water currents.
Dansko, literally translated as “Danish Shoe,” was founded in 1990 with a simple, flexible-bottom clog. The brand has since expanded significantly, adding more diverse products from casual to dress, and from sandals to boots.
At Seventh Generation, we know your home is your world. For the past 20 years, it’s been our mission to help you protect your world with our naturally safe and effective household products.
B Corporation Partners
The Business Alliance for Local Living Economies, or BALLE, is North America’s fastest growing network of socially responsible businesses.
CERES-Ceres is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change
Energy Star-ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping us all save money and protect the environment through energy efficient products and practices
Fair Trade Certified- The Fair Trade Certified™ Label guarantees consumers that strict economic, social and environmental criteria were met in the production and trade of an agricultural product
B Corporation Partnership Services
Rockefeller Foundation: Attempts to harness the creative forces of globalization, supporting breakthrough solutions to 21st century challenges. Through their pioneering Impact Investing initiative, Rockefeller Foundation was an early B Lab supporter. Equally important, the foundation’s ongoing financial support has allowed B Lab both to expand its core operations and to accelerate the development of the standards infrastructure that is now being used by investors, entrepreneurs, consumers, and policymakers far beyond the core community of Certified B Corps.
Yale School of Management: Beginning with the Class of 2009, Yale’s loan-forgiveness program has expanded to include qualified SOM graduates who work in Certified B Corporations, and provide pro-rated support to graduates working part-time. The program will support the repayment of annual need-based loans to a maximum of the total SOM tuition and mandatory fees
Investor’s Circle: The mission of Investors’ Circle is to a) catalyze the flow of capital to early stage companies that address major social and environmental problems and b) grow and support the network of patient capital investors.
Interesting in becoming a B Corp? Go to their website http://blog.bcorporation.net/