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ARTICLE · 04 MAY 2021

Certified B Corporations

Certified B Corporations are for-profit enterprises that have made the deliberate choice to conduct business in a way that balances profit and purpose in order to create benefits for stakeholders in addition to owners.

CanadaCorporate/Commercial Law

Certified B Corporations are for-profit enterprises that have made the deliberate choice to conduct business in a way that balances profit and purpose in order to create benefits for stakeholders in addition to owners. The B Corp Certification is a third-party certification process administered by B Lab, a non-profit organization dedicated to "transforming the global economy to benefit all people, communities, and the planet."1

B Corp Certification is available for any sized for-profit business with at least one year of operations. Notwithstanding this restriction, the steps outlined in this article may also be taken by start-up or early stage companies who wish to put themselves on the path to becoming B Corp Certified upon eligibility.

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