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Natural Awakenings Milwaukee Magazine

Enhanced B Corp Standards for Greater Global Impact

Jul 01, 2024 12:00AM ● By Natural Awakenings Milwaukee
B Corps are mission-driven companies that are dedicated to positively impacting their stakeholders and the planet, not simply growing profit for the sake of it. B corps are for-profit companies that meet high social and environmental standards of commitment.

The standards for B Corp Certification are undergoing significant revisions to enhance business impacts with the aim to continuously improve and raise the bar for businesses to better address global, social, environmental and governmental challenges. These updates include a comprehensive overhaul aimed at raising accountability and effectiveness in addressing global issues. Companies will need to demonstrate compliance and report progress across nine impact topics to deepen their impact. The updated standards, highlighting a commitment to continuous improvement, are expected to take effect soon, according to B Lab Global.