The Social Enterprise Summit 2016 on the topic ‘Doing Business with a Conscience’ was held in Mumbai on July 1. The summit brought together civil society leaders, social enterprises, and corporates on a common platform which included names like Raj Sis …
Developing a socially conscious business model that gives back to the community, while also turning a profit, is no easy task. Helena Foulkes, the executive vice president of CVS Health, knows this well. She oversees the company’s transition to becomin …
Two new corporate designations should help you if you decide to become a social entrepreneur: Certified B Corps and benefit corporations. Both are designed to galvanize social entrepreneurship community and further its goals. The concept of a B corpora …
Hawaiian Paddle Sports, a Maui eco-tour company specializing in ocean activities, announced it has become a Certified B Corporation. It is the first company on Maui and one of only seven in the Hawaiian Islands to receive this prestigious designation. …
More entrepreneurs want to be socially responsible these days, but fear a negative impact on profits, growth, and the ability to find an investor. In the short run, there are real costs associated with the “triple bottom line” of maximizing profit, peo …
For Jay Coen Gilbert, it felt like someone took a wrecking ball to his dream. American entrepreneur Gilbert and two college friends launched AND 1 in 1993. By the time Gilbert decided to sell the basketball apparel business in 2005 so he could move on …
Choosing where to eat or what store to shop at can be difficult if you want to make sure the company you’re purchasing from is green, or owned by minorities, or is locally sourced. It would take research to find out what businesses are friendly to the …
Contrary to popular belief, nice guys don’t always finish last in the corporate world. Some of the most successful companies in the world are also the most socially responsible. However, it can be tough to tell which companies are consistently dedicate …
Millennials are now the largest segment of the U.S. labor market according to Pew Research, and they are pushing back on “business as usual” in corporate America today, says a recent article featured on MPR News. Profit, profit, and more profit is not …
When CauseLabs became a B Corp late last year, we knew we were joining an inspiring, energized network of more than 1,300 businesses in 41 countries redefining success in business. We completed the rigorous assessment because it seemed a natural fit fo …
We are experiencing a pivotal moment of awakening, a massive shift in consciousness that is occurring all over the globe. In the business sector, this is evidenced by the growing number of entrepreneurs, owners and executives who desire to combine mak …
Building bigger—and better—bottom lines, today’s new breed of caring capitalists blur the lines between “for-profit” and “nonprofit.” Twenty-five years ago, Andrew Kassoy followed a path all too common among bright, young business-minded graduates of h …
The Social Seal: Employers Tout Their B Corp Label as a Credential to Compete for Young Hires companies compete to lure young, socially minded talent, they are stepping up their B game. More companies are touting the B Corp logo, a third-party seal of …
Big City Farms of Baltimore sells fresh produce to restaurants and consumers. More states are promoting such “benefit corporations” to encourage economic development with some social benefit. (Big City Farms Inc.) Conscious Companies In the last four y …
In recent years, Warby Parker has become the eyeglass-maker of choice for hipsters. In a recent GQ taxonomy of the different varieties of nerd, all but one of the nerds were wearing a pair of Warby Parkers. The company’s approach—selling stylish specs …
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