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B Lab

Index B Lab

B Lab is a non-profit organization headquartered in Wayne, Pennsylvania, which created, and awards, the B Corporation certification for for-profit organizations. [1]

18 relations: B Corporation (certification), Benefit corporation, Business, Certification, Classification society, DNV GL, Dotdash, Forbes, Inc. (magazine), Insurance, Massachusetts Institute of Technology, Pennsylvania, Standards organization, Technischer Überwachungsverein, UL (safety organization), Wayne, Pennsylvania, Wharton School of the University of Pennsylvania, 501(c) organization.

B Corporation (certification)

B Corporation certification (also known as B Lab certification or B Corp certification) is a private certification issued to for-profit companies by B Lab, a global non-profit organization with offices in the United States, Europe, Canada, Australia, New Zealand and a partnership in Latin America with Sistema B. To be granted and to preserve certification, companies must receive a minimum score on an online assessment for "social and environmental performance", satisfy the requirement that the company integrate B Lab commitments to stakeholders into company governing documents, and pay an annual fee ranging from $500 to $50,000.

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Benefit corporation

In the United States, a benefit corporation is a type of for-profit corporate entity, authorized by 33 U.S. states and the District of Columbia that includes positive impact on society, workers, the community and the environment in addition to profit as its legally defined goals.

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Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Certification

Certification refers to the confirmation of certain characteristics of an object, person, or organization.

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Classification society

A classification society (however called) is a non-governmental organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures.

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DNV GL

DNV GL is an international accredited registrar and classification society headquartered in Høvik, Norway.

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Dotdash

Dotdash (formerly About.com) is an American Internet-based network of content that publishes articles and videos about various subjects on its "topic sites", of which there are nearly 1,000.

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Forbes

Forbes is an American business magazine.

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Inc. (magazine)

Inc. is an American weekly magazine which publishes about small businesses and startups.

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Insurance

Insurance is a means of protection from financial loss.

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Massachusetts Institute of Technology

The Massachusetts Institute of Technology (MIT) is a private research university located in Cambridge, Massachusetts, United States.

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Pennsylvania

Pennsylvania (Pennsylvania German: Pennsylvaani or Pennsilfaani), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States.

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Standards organization

A standards organization, standards body, standards developing organization (SDO), or standards setting organization (SSO) is an organization whose primary activities are developing, coordinating, promulgating, revising, amending, reissuing, interpreting, or otherwise producing technical standards that are intended to address the needs of a group of affected adopters.

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Technischer Überwachungsverein

TÜVs (short for Technischer Überwachungsverein, Technical Inspection Association) are German businesses that provide inspection and product certification services.

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UL (safety organization)

UL is a global safety consulting and certification company headquartered in Northbrook, Illinois.

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Wayne, Pennsylvania

Wayne is an unincorporated community centered in Delaware County, Pennsylvania, on the Main Line, a series of highly affluent Philadelphia suburban villages located along the railroad tracks of the Pennsylvania Railroad.

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Wharton School of the University of Pennsylvania

The Wharton School of the University of Pennsylvania (also known as The Wharton School or Wharton) is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania.

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501(c) organization

A 501(c) organization is a nonprofit organization in the federal law of the United States according to and is one of 29 types of nonprofit organizations exempt from some federal income taxes.

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References

[1] https://en.wikipedia.org/wiki/B_Lab

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