B Lab is the accreditation and advocacy body behind B Corp certification. B Corp certification is to sustainable business what Fair Trade certification is to coffee (B Corp is an accreditation, NOT an incorporation structure). B Corporations represent an emerging group of companies that are using the power of business to create a positive impact and generate a shared value.
B Lab provide an important advocacy, audit, branding and certification benefit layer to Social Businesses, which are increasingly gaining market share through a tide of conscious consumers. With over 1,800 B Corps globally, including a small but growing number in Australia, Impact Seed supports B Labs advocacy work and actively partners with B Corps.
B Corp certification is available for socially conscious businesses trading for at least 2 years.
Click here to view B Corps in Australia.
Click here for B Lab’s white paper summary of the proposed enabling legislation for an Australian Benefit Corporation structure.