B Lab introduces updated B Corp standards emphasizing ethical business practices

From Yahoo Finance: 2025-04-09 07:03:00

B Lab introduces updated B Corp standards, including climate action plans aligned with 1.5°C goal. Nearly 10,000 companies in 100 countries hold B Corp status. Scrumbles, a UK pet-food business, criticizes certification as greenwashing. New standards focus on seven impact topics and differentiate requirements based on company size.

Companies seeking B Corp certification must meet baseline performance requirements across key areas. Larger companies face more rigorous criteria. South African wine group Journey’s End joins B Corp, praises new standards. B Lab emphasizes the importance of ethical business practices in the evolving certification framework.



Read more at Yahoo Finance: B Lab sets out new B Corp standards