B Corporation

2022-01-19T20:06:35Z

EMcGill: Corrected minor spelling error.

B Corporation: https://bcorporation.net/
proposed as a prototype for social entreupreneurship.

'''B Corporation''' (also '''B Lab''' or '''B Corp''') certification of "social and environmental performance" is a private certification of for-profit companies, distinct from the legal designation as a Benefit corporation. B Corp certification is conferred by B Lab, a global nonprofit organization with offices in the United States, Europe, Canada, Australia, New Zealand and a partnership in Latin America with Sistema B. To be granted and to maintain certification, companies must receive a minimum score from an assessment of "social and environmental performance", integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status.

TODO enhancement on this would be a decentral or collectively controlled certification instance, which demands a collective certification mechanism.

INFO
Another paradigm without certification is the [[responsibility capital]]. This gives power to the single instance, to the whole of the staff, which may focus more sustainable and social goals. The corporation lies in a holding, which transfer power to the staff. As a living example see Purpose ([[https://purpose-economy.org/en]]). This institution is also not fully decentralized, so if freedom of central authorities is seeked, additional architecture is needed.
[[Category:Page Status - Overview]]
[[Category:Concepts]]

Game B Wiki - User contributions [en]

B Corporation