Green Horizon
Welcome to my blog! My goal is to inform readers about the complex and dynamic relationship between the environment and the economy. Seeking to use this as a tool to promote environmental sustainability and policy. Feel free to comment!
Green Horizon
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Sunday, February 4, 2024
Thursday, November 30, 2023
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B Corporations: Redefining Business Paradigms
In a world where profits often overshadow social and environmental concerns, a new type of business entity has emerged with the solemn mission to redefine success; B Corps embody a different and innovative approach. A 'B Corporation' also known as Benefit Corporation, is a type of for-profit business entity that is somewhat legally required to consider their environmental and socioeconomic impact. These corporations attempt to balance their purpose of environmental sustainability and the aim of profit-maximization. In other words, B Corps meet "the high standards of social and environmental performace, transparency and accountability".