idealist.org

B Corporations are a new type of corporation that are purpose-driven and create benefit for all stakeholders, not just shareholders. B Lab supports B Corporations through an organization that we call B Lab. The mission of B Lab is to support B Corporations and this emerging sector by 1) certifying and rating B Corporations through the B Ratings System; 2) developing and disseminating a legal framework to institutionalize stakeholder interests within existing corporate law; 3) recruiting and promoting B Corporations; and 4) helping B Corporations access purpose-driven capital markets.

B Lab is a 501(c)(3) non-profit organization governed by a process of broad, transparent multi-stakeholder engagement. The Board of Directors will establish several Advisory Councils to ensure continuous incorporation of best thinking and practices into B Lab's mission and activities.