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Sustainability 4 breakfast - B-Corp


                       Rob Sinclair

                       Nov 29, 2012
Overview


‣ Who is Conscious Brands
‣ What is a B-Corp?
‣ The B-Corp Benefit
‣ The B-Assessment
‣ The Community
‣ Q&A
Who are we

    Purpose:
‣   Activating Sustainability
    Mission:
‣   To help support the transition of 1,000 brands from the old
    economy to the new economy by 2020.
    Core Values:
‣   "How you do anything is how you do everything." and
‣   "If you want to go fast go alone - if you want to go further go
    together”
Our Services

Strategic Action:
Visioning, Sustainability Action
planning, BCorp certification support,
Chief Sustainability Ambassador,
Incubator and
Collaborative Learning:
Spiral Table™
Who we work with
B Corporations   -   Public Policy   -   Impact Investing
This is about the evolution of capitalism




                    B Corporations   -   Public Policy   -   Impact Investing
It’s no longer just about good products




                   B Corporations   -   Public Policy   -   Impact Investing
It’s about building a new sector of the economy

The community of B Corps is
building a global movement that
will create a more inclusive and
sustainable economy.




  650 B Corporations  
   60 Industries
   20 Countries
    1 Unifying Goal




                           B Corporations   -   Public Policy   -   Impact Investing
What is a B Corporation?

Certified B Corporations use the power of business to solve social and
environmental problems.


•   B Corp is like fair trade certification but for the whole company, not just a bag of
    coffee.

•   B Corps meet higher standards of social and environmental performance,
    accountability, and transparency.




                            B Corporations    -    Public Policy   -   Impact Investing
Who are B Corporation?
            Diverse and growing group of business leaders…
  Financial Services Consumer Products   Bus. Services   Canada (26)




                              Other Examples


                                                                       11




650 B Corporations   60 Industries 20 Countries 1 Unifying Goal
How does a company become certified?
Step 1: Meet Performance Requirement
Complete the B Impact Assessment and earn
a reviewed minimum score of 80 out
of 200 points

Step 2: Meet Legal Requirement
Determine the path for your corporate
structure and state of incorporation

Step 3: Make it Official
Sign the Declaration of Interpendence




                           B Corporations   -   Public Policy   -   Impact Investing
B Corps meet high standards of transparency
B Corps make their scores transparent on www.bcorporation.net.




                      B Corporations   -   Public Policy   -   Impact Investing
Flow of funds in a local economy




Project
What is measured?
  Governance                               Environment	

  	

     	

      Accountability          	

     	

        Energy Use
  	

     	

      Transparency            	

     	

        Facilities
                                           	

     	

        Supply Chain
  Workers	

                               	

     	

        Manufacturing
  	

        	

   Job Growth
  	

        	

   Compensation & Benefits	

 Social Enterprise Business Models
                                         +
  	

        	

   Work Environment      	

         Beneficial Products/Services
  	

        	

   Employee Ownership    	

         Targeting Underserved
                                         Communities
  Community	

                           	

         Beneficial Supply Chain
  	

    	

       Suppliers
  	

    	

       Local
  	

    	

       Diversity
  	

    	

       Charity/Volunteerism




                         B Corporations   -   Public Policy    -   Impact Investing
                                                                                      Appendix
Things to know about the B Impact Assessment

                              The B Impact Assessment is:
                               Comprehensive
                               Evaluates impact in terms of accountability,
                               employees, consumers, community and
                               environment
                               Adaptable
                               Metrics tailored to industry and company size
                               Transparent
                               Criteria and weightings made transparent
                               Dynamic
                               New survey created every 2 years incorporating
                               community feedback
                               Independent
                               Developed by third-party Standards Advisory
                               Council

                  B Corporations   -   Public Policy   -   Impact Investing
                                                                              Appendix
The B Corp Legal Framework helps companies
protect their mission
The legal requirement bakes sustainability into the DNA of the company


What are the benefits?
Legal protection for officers and directors to
consider all stakeholders, not just
shareholders

Additional rights for shareholders to hold
directors and officers accountable to these
interests

Expanded rights limited to shareholders
exclusively -- non-shareholders are explicitly
not empowered with a new right of action




                           B Corporations    -   Public Policy   -   Impact Investing
                                                                                        Appendix
Why Become a B Corp?
B Corps want to be part of something bigger than themselves, but for many, becoming a
B Corp also has to make business sense. B Corp Certification helps companies:


  • Differentiate from Pretenders

  • Generate press

  • Attract Investors

  • Benchmark performance

  • Attract and Engage Talent

  • Save Money and Access Services

  • Partner with Peers



                           B Corporations   -   Public Policy   -   Impact Investing
B Corporations are Better Companies




                  B Corporations   -   Public Policy   -   Impact Investing
Who certifies B Corps?
B Lab serves the world’s leading entrepreneurs that use business to
solve social and environmental problems through three separate but
interrelated initiatives:




                         B Corporations   -   Public Policy   -   Impact Investing
                                                                                     Appendix
What is a B Corporation?

Leaders of a global movement
to redefine success in business.


So that one day all companies
will compete not just to be
the best in the world,
but to be the best for the world.




                           B Corporations   -   Public Policy   -   Impact Investing
Our inspiration
Want to learn more?

  • Log onto bcorporation.net to take the free
   B Impact Assessment

  • Read B Lab’s 2012 Annual Report for stories on B Corps




                     B Corporations   -   Public Policy   -   Impact Investing
How you do anything...

When you support a B Corporation,
youʼre supporting a better way to do
business. Governments and nonprofits
are necessary but insufficient to solve
todayʼs most pressing problems.
Business is the most powerful force on
the planet and can be a positive
instrument for change.
Leaving thoughts
               We Live in a world of
                participation, not
                  consumption

           To conspire means to
              breath together
Rob Sinclair
ph: 403.697.9314
e: rob@consciousbrands.com
t: www.twitter.com/Consciousbrands
                             25

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S4 b nov 29th presentation rls1

  • 1. Sustainability 4 breakfast - B-Corp Rob Sinclair Nov 29, 2012
  • 2. Overview ‣ Who is Conscious Brands ‣ What is a B-Corp? ‣ The B-Corp Benefit ‣ The B-Assessment ‣ The Community ‣ Q&A
  • 3. Who are we Purpose: ‣ Activating Sustainability Mission: ‣ To help support the transition of 1,000 brands from the old economy to the new economy by 2020. Core Values: ‣ "How you do anything is how you do everything." and ‣ "If you want to go fast go alone - if you want to go further go together”
  • 4. Our Services Strategic Action: Visioning, Sustainability Action planning, BCorp certification support, Chief Sustainability Ambassador, Incubator and Collaborative Learning: Spiral Table™
  • 5. Who we work with
  • 6. B Corporations - Public Policy - Impact Investing
  • 7. This is about the evolution of capitalism B Corporations - Public Policy - Impact Investing
  • 8. It’s no longer just about good products B Corporations - Public Policy - Impact Investing
  • 9. It’s about building a new sector of the economy The community of B Corps is building a global movement that will create a more inclusive and sustainable economy. 650 B Corporations   60 Industries 20 Countries 1 Unifying Goal B Corporations - Public Policy - Impact Investing
  • 10. What is a B Corporation? Certified B Corporations use the power of business to solve social and environmental problems. • B Corp is like fair trade certification but for the whole company, not just a bag of coffee. • B Corps meet higher standards of social and environmental performance, accountability, and transparency. B Corporations - Public Policy - Impact Investing
  • 11. Who are B Corporation? Diverse and growing group of business leaders… Financial Services Consumer Products Bus. Services Canada (26) Other Examples 11 650 B Corporations   60 Industries 20 Countries 1 Unifying Goal
  • 12. How does a company become certified? Step 1: Meet Performance Requirement Complete the B Impact Assessment and earn a reviewed minimum score of 80 out of 200 points Step 2: Meet Legal Requirement Determine the path for your corporate structure and state of incorporation Step 3: Make it Official Sign the Declaration of Interpendence B Corporations - Public Policy - Impact Investing
  • 13. B Corps meet high standards of transparency B Corps make their scores transparent on www.bcorporation.net. B Corporations - Public Policy - Impact Investing
  • 14. Flow of funds in a local economy Project
  • 15. What is measured? Governance Environment Accountability Energy Use Transparency Facilities Supply Chain Workers Manufacturing Job Growth Compensation & Benefits Social Enterprise Business Models + Work Environment Beneficial Products/Services Employee Ownership Targeting Underserved Communities Community Beneficial Supply Chain Suppliers Local Diversity Charity/Volunteerism B Corporations - Public Policy - Impact Investing Appendix
  • 16. Things to know about the B Impact Assessment The B Impact Assessment is: Comprehensive Evaluates impact in terms of accountability, employees, consumers, community and environment Adaptable Metrics tailored to industry and company size Transparent Criteria and weightings made transparent Dynamic New survey created every 2 years incorporating community feedback Independent Developed by third-party Standards Advisory Council B Corporations - Public Policy - Impact Investing Appendix
  • 17. The B Corp Legal Framework helps companies protect their mission The legal requirement bakes sustainability into the DNA of the company What are the benefits? Legal protection for officers and directors to consider all stakeholders, not just shareholders Additional rights for shareholders to hold directors and officers accountable to these interests Expanded rights limited to shareholders exclusively -- non-shareholders are explicitly not empowered with a new right of action B Corporations - Public Policy - Impact Investing Appendix
  • 18. Why Become a B Corp? B Corps want to be part of something bigger than themselves, but for many, becoming a B Corp also has to make business sense. B Corp Certification helps companies: • Differentiate from Pretenders • Generate press • Attract Investors • Benchmark performance • Attract and Engage Talent • Save Money and Access Services • Partner with Peers B Corporations - Public Policy - Impact Investing
  • 19. B Corporations are Better Companies B Corporations - Public Policy - Impact Investing
  • 20. Who certifies B Corps? B Lab serves the world’s leading entrepreneurs that use business to solve social and environmental problems through three separate but interrelated initiatives: B Corporations - Public Policy - Impact Investing Appendix
  • 21. What is a B Corporation? Leaders of a global movement to redefine success in business. So that one day all companies will compete not just to be the best in the world, but to be the best for the world. B Corporations - Public Policy - Impact Investing
  • 23. Want to learn more? • Log onto bcorporation.net to take the free B Impact Assessment • Read B Lab’s 2012 Annual Report for stories on B Corps B Corporations - Public Policy - Impact Investing
  • 24. How you do anything... When you support a B Corporation, youʼre supporting a better way to do business. Governments and nonprofits are necessary but insufficient to solve todayʼs most pressing problems. Business is the most powerful force on the planet and can be a positive instrument for change.
  • 25. Leaving thoughts We Live in a world of participation, not consumption To conspire means to breath together Rob Sinclair ph: 403.697.9314 e: rob@consciousbrands.com t: www.twitter.com/Consciousbrands 25