Tag: B Lab

Nasdaq OneReport and B Lab to Streamline ESG Reporting and Deliver Unified Data

Stuart Mitchell

Over the past several years, investor interest in sustainability-related metrics and disclosures has surged as businesses are seeing the financial and ethical benefits of corporate sustainability. However, with the multitude of ESG frameworks available, corporate disclosures have not been standardized. To this end, B Lab Global and Nasdaq OneReport have teamed up to help companies streamline their processes and to best showcase their ESG efforts. Nasdaq OneReport’s reporting software helps clients efficiently navigate and publish their ESG data to various stakeholders, and has now integrated B Lab’s B Impact Assessment.…

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New guide by Fairtrade and B Lab supports responsible business practices in small companies

Stuart Mitchell

Fairtrade, the world’s most recognized label for social justice and sustainability, and B Lab, a global network of organizations dedicated to transforming the economic system to be inclusive, equitable, and regenerative, are publishing today a new guide to support small companies in their human rights and environmental due diligence. ‘People and planet in business – A simple guide to how small and micro companies can start or strengthen their due diligence’ offers tailored guidance on how small and micro companies in all sectors can identify, prevent, mitigate and account for…

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Preliminary Consultation Suggests New B Corp Standards Are Ambitious yet Attainable

Stuart Mitchell

A report released by B Lab suggests that draft new standards for B Corp certified companies, currently in development, represent an ambitious yet attainable goal for business leaders looking to be a force for good. The report, which outlines feedback from a consultation conducted by B Lab in late 2022, reveals that of a sample of over 1,000 businesses, public and academic stakeholders: 86% of B Corp respondents and 87% of non-B Corp respondents think the new draft standards represent high standards for social and environmental performance and will help…

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B Lab Global welcomes standards expert Janine Guillot to Board of Directors

Stuart Mitchell

The B Lab Global Board of Directors is pleased to announce Janine Guillot as its newest member, effective April 2023.   Guillot’s appointment comes at a pivotal moment for B Lab Global as it works to scale and mobilize the B Corp movement and its more than 6,000 Certified B Corporations, 10,000 benefit corporations, and 200,000 impact management tool users. Janine’s notable career in financial services and leadership at major standards-setters the Sustainability Accounting Standards Board (SASB), Value Reporting Foundation (VRF), and most recently the IFRS Foundation will be critical in…

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Update regarding B Lab’s moratorium on new B Corp Certifications for any entities, including subsidiaries, operating in Russia and/or Belarus (2)

Stuart Mitchell

In March 2022, B Lab imposed a moratorium on certifying companies operating in Russia and Belarus in reaction to the invasion of Ukraine. As part of this moratorium, B Lab acknowledged and recognized the fact that “business as usual” has been maintained through acts of war and humanitarian crises around the world, including conflict and invasions instigated by the U.S. and its allies. This was a moment to reaffirm the improvement of B Lab’s standards from the standpoint of justice, equity, diversity, inclusion, and human rights for all similar circumstances. …

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