MaRS Centre for Impact Investing is now seeking a Senior Associate, Capital Advisory Services! From persistent poverty to climate change, we face entrenched social and environmental problems. Fortunately, a growing number of charities, non-profits, co-ops and for-profit companies are building business models to tackle these problems. They are turning to investors for the financing to […]Read More ›
Video: The B Corp Movement Featured on PBS
This week has been a fairly significant one for the B Corp movement. On Wednesday, March 7, B Lab released their 2012 Annual Report and lists of “Best for the World” B Corps that are making a difference. On SocialFinance.ca, Joyce Sou highlighted the six Canadian B corps that made it to the “Best for the World” lists, and Alex Wood spoke about the evolution of capitalism in a thought-provoking post.
Last week, PBS NewsHour also featured this burgeoning movement, explaining what’s happening and featuring B Corps IceStone, Revolution Foods, and Warby Parker. Here’s their description, and the video:
Benefit Corporations Aim to Make a Profit — and a Positive Impact
Watch Benefit Corporations Aim to Make Profit, Positive Impact on PBS. See more from PBS NewsHour.
Seven states have passed legislation officially recognizing companies with a conscience. Called benefit corporations, or B Corps, the firms strive to make a positive impact on society while also turning a profit. Economics correspondent Paul Solman reports as part of his Making Sen$e of financial news series.
What do you take away from this? Are you a business owner interested in converting into a B Corp? Or an investment trying to figure out how the B Impact Assessment can help you choose where to invest?