For social businesses to survive and thrive, we must change the broader business ecosystem's legal structures, sustainability metrics, accountability systems, and funding opportunities.
The campaign to reform capitalism by making companies prioritize stakeholders could never succeed without getting large multinational corporations on board. Now that Danone, Laureate Education, and Natura have signed on, the B Corp movement is demonstrating how it can be done.
Anxiety about debt and financial stability can severely reduce the productivity and health of employees, which can hurt a company’s bottom line. Businesses, government, and philanthropic organizations should embrace the case for improving the financial well-being of workers.
