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Benefit Corporations and B Corps: Home

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B Corp Anthem - B The Change

Benefit Corporations and B Corps briefly defined

A Benefit corporation "is effective in over half the country and numerous states are working on it."  Benefit corporations:

  • "have an expanded purpose beyond maximizing share value to explicitly include general and specific public benefit"
  • are required to consider the impact of their decisions not only on shareholders but also on workers, community, and the environment; and
  • are required to make available to the public an annual benefit report that assesses their overall social and environmental performance against a third party standard.

A Certified B Corporation is a certification conferred by the nonprofit B Lab. 

  • "Each Certified B Corporation has achieved a verified minimum score on the B Impact Assessment (80 points out 200 needed). 
  • Benefit corporations do NOT need to be certified."    

Source:  Benefit Corp Information Center