21st October

Purpose & Stakeholder Governance and Impact Management Workshop

Name: Purpose & Stakeholder Governance and Impact Management Workshop
Start: 2022-10-21T12:00:00+1100
End: 2022-10-21T13:00:00+1100

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Event description

B Corp Certification standards are evolving and now is the time for key stakeholders to have their say.

As part of this work, the proposed B Corp standards are moving away from a flexible approach linked to achieving an 80 point score in the B Impact Assessment across a range of criteria, to one where all B Corps must meet requirements on 10 topics that define leadership on social, governance, and environmental business impact. The new standards are an evolution of what it means to be a leader in business, making certification more relevant than ever in addressing our world's challenges.

From 26 September to 15 November 2022, the first draft of the new B Corp standards is open for review. Input received during this public comment period will be considered for the next version of the standards.

This interactive workshop will cover the Purpose & Stakeholder Governance and Impact Management topics in the draft standards.

Before the workshop, please review the draft standards and/or watch the videos for the topics under discussion. Thank you for lending your voice to this work.

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B Lab is the not-for-profit network transforming the global economy to benefit all people, communities, and the planet.

We began in 2006 with the idea that a different kind of economy was not only possible, but necessary — and that business could lead the way towards a new, stakeholder-driven model. B Lab became known for certifying B Corps: companies that meet high standards of social and environmental performance, accountability, and transparency.

But we do much more than that. We’re building the B Corp movement to change our economic system — and to do so, we must change the rules of the game. B Lab creates standards, policies, tools, and programs that shift the behaviour, culture, and structural underpinnings of capitalism. We mobilise the B Corp community towards collective action to address society’s most critical challenges.

Our team in Australia and Aotearoa New Zealand supports B Corps to measure and improve their impact, and to tell stories that inspire new purpose-driven businesses to do the same.

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