.png)
‘B Corps Bring Purpose and Profit for Sustainable Business’, Sustainability Mag
Certified B Corporations (B Corps) are redefining business success by proving financial performance and social responsibility can coexist. A recent B Lab white paper highlights how B Corps outperformed traditional businesses during 2019–2021, demonstrating resilience, stronger revenue growth, and higher job retention. Their stakeholder governance model, which balances the interests of employees, communities, the environment, and shareholders, is key to their success. This article explores the impact and growing influence of B Corps in modern business.
View resourceSummary
This article provides an introduction to Certified B Corporations (B Corps) and argues that they are challenging the notion that financial success and social good are incompatible in business. A recent white paper from B Lab reveals that B Corps are outperforming traditional businesses in key financial metrics while maintaining their commitment to social and environmental responsibility. During the economic disruption of 2019-2021, B Corps showed greater resilience and growth, with higher rates of revenue increase and job retention. Their success is attributed to a stakeholder governance model that considers the interests of employees, communities, and the environment alongside shareholders.
Related resources
Agents of Change: Insights from First Nations Social Enterprise Leaders
WebinarsThe Land Back Foundation held an interactive session exploring how social enterprises can practice long-term allyship, accountability, and activism. The discussion shared lived experiences and practical actions for embedding equity and justice in everyday business.
Learn moreUnlocking Social Procurement Opportunities: Two-part workshop series | workshop 1
WebinarsQSEC, ArcBlue and Gov Ready held an interactive webinar exploring what it means for social enterprises to be procurement ready. Drawing on experience across government and private sector procurement, the session shared practical strategies to help social enterprises position themselves effectively, communicate their value, and demonstrate capability.
Learn more