In the United States, a “Benefit Corporation” (B-Corp) is a distinct legal status for brands that use their power as a business as a force of good. However, in Canada, a B-corp is currently only a certification. Nevertheless, being a B-corp requires us to include the following text in our legal incorporation articles to ensure that our executives can make decisions for social good even if they don’t necessarily maximize profit.
Over 250,000 businesses worldwide started the B-corp impact survey. Of those whoe submit, only one-third receive the B-corp certification. As of May 2022, there are 5,000 B-corps across the world and only 2,000 in the US and Canada – and we’re one of them in our first year!
We’re so proud to work alongside such inspiring social enterprises and industry partners!
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If you are looking for a business that supports your sustainable development, let’s talk!