What is a B-Corp? What is a Benefit Corporation? What’s the difference?
The B Corporation (or “B Corp”) is a relatively new certification and a way for entrepreneurs to identify their business as something more than just a for-profit endeavor. These social entrepreneurs want to use their business to do good and solve social and environmental problems. B Corp status is a certification process from a third-party business that recognizes the company’s commitment to certain sustainable practices. This is different from a Benefit Corporation.