Tag: B Lab

B Lab Publishes New Global Whitepaper: The Climate & Environmental Practices of B Corps

Stuart Mitchell

A new global whitepaper from B Lab explores the depth and breadth of climate and environmental practices in the B Corp community—and the impact it would have if more businesses followed their lead. On our current trajectory, the planet’s global temperature is expected to increase by 3.3°C (5.9°F) by 2100, causing irreversible consequences to our natural and human systems.  Businesses play a significant part in the climate crisis, as major contributors to pollution and consumers of natural resources. But they are also uniquely positioned to drive innovations and solutions. B…

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UK B Corp community reaches 2,000

Stuart Mitchell

ompanies are leading the shift to better business as the UK B Corp community reaches its latest milestone. Today, B Lab UK reveals that there are officially 2,000 Certified B Corporations in the UK — a figure that has doubled in just 18 months. Certified B Corporations, or B Corps, are businesses that prioritise people and the planet alongside profit. They measure and improve their impact on their employees, customers, local communities and the environment and make a legal commitment to ensure this expanded duty of care is locked in…

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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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