The B Economy

People don’t believe the existing economic system is working for them. They’re angry, and they’re right. That’s why we’re working to build a B Economy that works for everyone, for the long term.

In the B Economy, businesses compete to be best for the world, the people living in it, and the natural environment on which our quality of life depends.

To build a B Economy, we need a new kind of business that balances purpose and profit. B Corporations are businesses that are legally required to consider the impact of their decisions on their workers, customers, community, and environment. Certified B Corporations have met the highest standards of verified performance and transparency.

The B Economy is bigger than B Corps. B Lab collaborates with leaders across all sectors of society to build a broader global movement of people using business as a force for good.

The B Economy is built by everyone who works for, buys from, invests in, learns or teaches about, or supports businesses striving to create a shared and durable prosperity for all. Join us.

A Global Movement

We are at the early stages of one of the most important trends of our lifetime: the growing global movement of people using business as a force for good. This movement is everywhere and has many leaders throughout the world. Some are small businesses; some are multinationals. Some use business to reduce poverty; some to restore the environment. All are creating meaningful work with dignity and purpose.

B Corps and others in the B Economy are standing on the shoulders of giants, and collaborating with many actors in our global economic system doing important work. Our work depends on the work of others and will continue long after we are gone or, ideally, irrelevant.

Our ultimate vision is that one day there will be no B Economy—just a global economy that aligns its activities toward achieving our common purpose of a shared and durable prosperity for all.

B Impact Management

The business world needs comprehensive, credible, comparable impact standards to support a systems change. The B Impact Assessment is the most credible tool a company can use to measure its impact on its workers, community, and environment, and customers. More than 50,000 businesses have used the B Impact Assessment as a free management tool.

Major institutions are helping the companies in their network measure and manage their positive impact through B Impact Management Partnerships. B Lab’s robust data analysis software and supportive programs, featuring the world’s largest dataset of private company impact data, lets investors, fund managers, non-profits, and large corporations accelerate change in the markets and encourage change in their business communities.