Beyond the B: Latest on the B Corp Movement

Patagonia's Take on the B Corp Movement (w/ Vincent Stanley)

5 snips
Jan 21, 2025
Vincent Stanley, a longtime Patagonia executive and co-author of The Responsible Company, shares insights on Patagonia's journey with the B Corp movement. He discusses the initial hesitance to join B Lab and the operational revelations that followed. Balancing urgency with patience in sustainability is a key theme, as is the importance of localism and community engagement. Vincent also explores the challenges of integrating large companies into the B Corp framework and emphasizes the need for businesses to align values with their models for lasting impact.
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ANECDOTE

From Rejection To B Corp Discovery

  • Vincent Stanley recounts Patagonia's initial refusal to join B Lab in 2007 and later embrace of benefit corporation status.
  • Becoming a B Corp revealed surprising gaps and prompted meaningful internal changes after a holistic third-party audit.
INSIGHT

Holistic Audits Surface Hidden Impacts

  • The B Corp assessment forced Patagonia to review everything, from CEO pay ratios to parking lot materials.
  • That holistic scrutiny revealed practical improvements the company implemented.
ADVICE

Use Graduated Standards For Inclusion

  • Use a graduated recognition system so smaller high-impact companies can shine while larger firms enter at appropriate levels.
  • Allow models like Dr. Bronner's to set higher bars without excluding larger companies who can improve over time.
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