On July 5, 2006, the nonprofit B Lab marked its first full day of operation by issuing a “Declaration of Interdependence” that envisioned “a global economy that uses business as a force for good.” With that, the B Corp movement was launched to re-envision the purpose of the corporation, and thereby transform the relationship between business and society. B Corps (the “B” stands for “benefit”) are companies that the now-influential B Lab certifies as “having met a high standard of overall social …

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