B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies will compete not only to be the best in the world, but the Best for the World, and as a result, society will enjoy a more shared and durable prosperity. B Lab drives this systemic change by:
- Building a global community of Certified B Corporations who meet the highest standards of verified, overall social and environmental performance, public transparency, and legal accountability;
- Promoting Mission Alignment using innovative corporate structures like the benefit corporation to align the interests of business with those of society and to help high impact businesses be built to last;
- Helping tens of thousands of businesses, investors, and institutions Measure What Matters, by using the B Impact Assessment and B Analytics to manage their impact--and the impact of the businesses with whom they work--with as much rigor as their profits;
- Inspiring millions to join the movement through story-telling by B the Change Media
B Lab is headquartered in Berwyn, Pennsylvania and has offices in San Francisco, New York, and Colorado.
B Lab is approximately 30% funded by certification revenues, and 70% funded by philanthropic support. Click here to see list of funders and quotes that highlight their reasons for their involvement.
It is important to note that while B Lab is working toward financial sustainability, Certification and related services are currently subsidized by philanthropy, so the amount a company pays does not represent the full value of certification.