well-being as business purpose?, palazzi
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Well-Being as Business Purpose? 7 November 2014, Paris, FranceTRANSCRIPT
Next Generation Business.
B Corporations - Public Policy - Impact Investing
1158 B Corporations 121 Industries 36 Countries 1 Unifying Goal
B Corporations - Public Policy - Impact Investing
Faces of B Corps
B Corporations - Public Policy - Impact Investing
Growing demand and need for well-governed, trustworthy, inclusive, sustainable, companies. B Corps as a new ‘asset class’, a new sector that meets these expectations.
Investors, Consumers, Policy Makers, Suppliers, Employees.…
1158 Certified B Corps +1140 Legally Inc. Benefit Cs 121 Industries 36 Countries 50 Million Customers 1 Unifying Goal
B Corporations - Public Policy - Impact Investing
Why Become a B Corp?
Becoming a B Corp makes business sense:
• Creates a positive Identity, which society increasingly demands
• Inspire & Inform employees and other stakeholders
• Help find Investors through B Analytics
• Secures Introductions to 100s of like-minded businesses
• Provides Intelligence and Ideas from a global community
• Influence policy-makers to promote a better economy and raise profile
• Improve our economy, for the better, by raising standards collectively
B Corporations - Public Policy - Impact Investing
Governance & LeadershipAccountabilityTransparencyCompetence
Employees & TalentJob GrowthCompensation & BenefitsWork EnvironmentEmployee Ownership
Community & SocietySuppliersLocalDiversityEngagement
EnvironmentEnergy UseFacilitiesRaw Materials & ResourcesManufacturing
Impact Business ModelsProducts / Services that meet real needsBase of the Pyramid / Developing WorldSustainable Supply Chain
To be added…
InnovationEntrepreneurship
The B Impact Assessment – What does it measure ?
B Corporations - Public Policy - Impact Investing
How do we become certified ?
Step 1: Meet Performance Requirement Complete the B Impact Assessment and earn a reviewed minimum score of 80 out of 200 points
Step 2: Meet Legal RequirementDetermine the path for your corporate structure and state of incorporation
Step 3: Make it OfficialSign the Declaration of Interpendence
B Corporations - Public Policy - Impact Investing
Tools for next generation business
B Corporations - Public Policy - Impact Investing
B Lab Europe
B Lab Australia and New Zealand
Sistema B
2012 20142013 - 2014
A global movement
B Corporations - Public Policy - Impact Investing
Next Generation Business
Private Equity
Contractors
Consulting
Wealth Managemt Home Apparel Education
Building Industry Retail Architecture Arts
Telecom Developing World
Restaurant
Personal Care
FoodClean Tech
B2B
Real EstateBanks
Hospitality
Renewable Energy
B2CBiotechnology
IT
Legal
Media
Footwear
Pharmaceuticals
Marketing
CommPR