At the 2011 B Corporation Retreat last week in Philadelphia, I had the opportuity to network with some of the 500 businesses who are leading the triple bottom line economy of people, planet, and profit. Meeting rigorous social and environmental standards, B Corps create greater economic opportunity, strengthen local communities, and preserve the environment.
The Occupy Movement resonates with B Corporations, as we are creating a new sector of the economy to redefine success in business. B Corporations believe in capitalism with purpose, not just profit, at its center.
B Lab has released the following statement to share with our communities. It’s exciting to see the growth and momentum of B Corporations at a time when a new way of doing business is needed most:
The Occupy Wall Street movement expresses the anger and frustration of tens of millions of Americans over what many perceive as an unjust and unsustainable economic system. It is a powerful demand for something new: an economy that works for all of us.
Business is the most powerful force on the planet and can be a positive instrument for change. However, business as usual isn’t working. As entrepreneurs and investors in a new type of corporation – the B Corporation — we represent one promising path to a more inclusive and sustainable economy.
B Corporations create value for all its stakeholders – our customers, our workers, our communities, the environment, and, yes, our shareholders too. We think it’s simply a better way to do business.
The Occupy Wall Street movement signals intense and widespread dissatisfaction with the status quo. B Corporations offer an alternative.
Together, we can redefine success in business.
With gratitude to all who are working for a better way to do business,
Paige Wolf Media & Public Relations and The B Corp Community