Comment by rsstack

Comment by rsstack 5 days ago

1 reply

Is B Corp a real thing? It's not equivalent to non-profit and they can always stop being B Corps. Wikipedia lists Nestle Nespresso as a B Corp example, not very inspiring.

jampekka 4 days ago

B Corp is a certification stamp that companies can buy from the B Corp non-profit. It has no legal ramifications. It's like UTZ, FSC and Fairtrade.

Benefit corporation is a form of legal corporation in the USA that allows for other duties than maximizing shareholder value.

https://en.m.wikipedia.org/wiki/Benefit_corporation