B Corporations: Redefining Success in Business

Alicia Darvall
Executive Director
B Lab Australia and New Zealand
@_ADarvall
#BCorp
ASX
Workers
Consumers
Investors
Government
The problem is…
the system is not designed to scale
B Corps are companies using business as a force for good
They meet verified higher levels of:
1. Social & Environmental
2. Transparency
3. Accountability
B Impact Report
Transparent
Expand fiduciary duties to
consider interests of all
stakeholders
Performance
Min 80 pts on B Impact
Assessment
B Corp Community = Good Company to Keep
1,700+ B Corporations 130 Industries 42 Countries 1 Unifying Goal
‘Be Like a B Corp’ is one of the
5 business trends to Master
in 2016.
What can we learn from B Corps?
“Our goal is to increase awareness of purpose-driven leadership.
The greater the awareness, the more chance we have of
increasing participation, which will enhance the lives of many for
stakeholders (our staff, the environment and communities that we
work in)”.
Allan English
Executive Chairman
How do B Corps and the Not For Profit sector work together?
Build enabling market infrastructure for a global
movement of people using business as a force for
good.
Redefine success in business so that all
companies compete to be Best for the World,
resulting in a shared and durable prosperity for
all.
To measure what matters or find a B Corp to work with, visit
bimpactassessment.net bcorporation.com.au
For more information on becoming a B Corp join us at our next event,
visit
bcorporation.com.au/events