AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
Explore the criteria for becoming a B Corp and the controversy surrounding their engagement with multinationals. Learn about the impact and advantages of B Corp certification, as well as the criticism it faces. Discover the conflict and expected growth of B Corps in Africa. Understand the importance of obtaining B Corp certification and signaling company values, while addressing concerns about larger corporations obtaining the certification.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- B Corps must score at least 80 points based on metrics such as governance, treatment of workers, customer relations, community engagement, and environmental practices, and legally commit to the B Corp ethos in their mission statement, making it a rigorous process to become certified.
- While larger companies obtaining B Corp status easily has drawn criticism from smaller businesses, B Lab continuously improves its standards to align with evolving expectations and drive the transition towards a more equitable and sustainable economic system.
Deep dives
What is a B Corp and how to become one
A B Corp is a company that has passed a test to prove it has high social and environmental values at the heart of its business. To become a B Corp, companies must score at least 80 points based on metrics such as governance, treatment of workers, customer relations, community engagement, and environmental practices. They must also legally commit to the B Corp ethos in their mission statement. Companies in the UK need to rewrite their articles of association, while in the US, they have to reincorporate as a benefit corporation.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode