B Corps

US/Canada Office:

My first overview about the B Corp opportunity from May 2023 is at the bottom of this page

MY MAIN POINTS:

1) The capabilities of Impact Chain can expand the B Corp "Performance Requirements"

https://www.bcorporation.net/en-us/standards/performance-requirements

2) I am looking for internal guidance on how to be a tech vendor to B Corp

As I asked our team last May (see below) ... PLEASE CHECK - Who do you know on their Main Standards Advisory Council members list from? https://www.bcorporation.net/en-us/standards/advisory-council/

3) There is an opportunity for someone to help the 70 people at B Corp manage their process with a new system...

Is it us? (I was told no)

Who is that vendor?... Do we know someone that can help them and then use us?

FYI, Here is one of their disclosures docs:

https://www.bcorporation.net/en-us/news/blog/share-your-feedback-draft-new-standards-b-corp-certification/

Info and how to search for approved B Corps:

7.000 Companies Globally

2.600 In Europe

161 Industries

EU - https://bcorporation.eu/find-a-b-corp/

Global Search - https://www.bcorporation.net/en-us/find-a-b-corp/

Example France = 763

France + Governance filter = 32

Over 6,000 "Best in the World" B Corporations - Link to spreadsheet we can collaborate on:

https://1drv.ms/x/s!Ams0aydMMGq1gcRnB7t19_zWtji1lw?e=I1R048

All Public Companies that are B Corps

Australian Ethical (SX: AEF) (certified in 2014 as a public company)
O-Bank (Taiwan) (certified as a public company in 2017)
Kathmandu (New Zealand) - (certified as a public company in 2019 - public since 2009)
Benefit Systems (Poland) (first public company to certify in Europe in 2018)
Amalgamated Bank (NASDAQ: AMAL), (Certified prior to their IPO in 2018)
Movida Aluguel de Carros (B3: MOVI3) (Brazil) (Certified as a public company)
Synlait Milk Limited (Australia-ASX: SM1, New Zealand-NZX:SML) (Certified as a public company
Arowana International (Australia-ASX: AWN) (Certified as a public company)
Vivo Power (VVPR (NASDAQ) (Certified as a public company)
Cafe Direct: (https://www.ethex.org.uk/Cafedirect) Certified as a ‘public’ company but not listed on a well known exchange
Holaluz (Spain-BME: HLZ) - certified Jan 2019 and went public Nov 2019
Lemonade (NYSE: LMND) -- IPO’d as both a B Corp and Benefit Corp
Vital Farms (NASDAQ: VITL) -- IPO’d as both a B Corp and Benefit Corp
Appharvest (NASDAQ: APPH)
IBA (Belgium: IBAB.BR) -- certified April 2021 and IPO’d in Belgium early June 2021
Urb-it (URBIT:FN Stockholm) -- Swedish B Corp. Went public on First North in 2017 and certified in October 2020
Natura &Co (NYSE: NTCO)
Coursera (NYSE: COUR) - In Feb 2021, became a B Corp and benefit corporation, and on March 31, 2021 IPO’d with both in place.
Broadway Financial Corporation - MOEs with the surviving company a PBC (NASDAQ: BYFC)
Sezzle (ASX: SZL) - US company that has been public in Australia since 2019, and certified as a B Corp in March 2021.
Concha & Toro - April 2021 shareholder vote and Certification (Chile-BCS: CONCHATORO)
Kelly+Partners (ASX:KPG) - Certified as public in 2021
Liberty Financial (ASX: LFG)
Freshlocal Solutions (formerly SPUD.ca) (Canada - TSE: LOCL)
Zevia (US - NYSE: ZVIA) - certified in June 2021, IPO’d July 2021
ClearSale (Brazil - BVMF: CLSA3) - certified in October 2018, IPO’d July 2021
Flow Water (Canada - TSE: FLOW) - certified September 2017, IPO’d July 2021
Warby Parker (US - NYSE: WRBY) - recertified August 2021 and went public September 2021
Allbirds (US - NASDAQ: BIRD) - certified December 2016, IPO’d November 2021
Kin + Carta Pls (UK - LON: KCT) - certified December 2021 as a public company

Public Companies that Have Certified a Subsidiary

Unilever (NYSE: UN): (Pukka (UK), Mãe Terra (Brazil), Sir Kensington’s (US), Ben & Jerry’s (US), Olly Nutrition (US), Seventh Generation (US), Sundial (US), T2 Tea (Australia), Graze (UK))
B2W (B3: BTOW3): Courrieros (Brazil)
Grupo Soma (B3: SOMA3): Companhia Hering (Brazil)
Arezzo&Co (B3: ARZZ3): Reserva (Brazil)
Procter & Gamble (NYSE: PG): (New Chapter (US))
AB Inbev: (4 Pines Brewing Company)
Banco Estado: (Banco Estado Microempresas, Caja Vecina)
Coca-Cola: (Innocent Drinks)
Fairfax Financial: (The Redwoods Group)
Gap: (Athleta, Hill City)
Kikkoman: (Country Life)
Lactalis: (Stonyfield Farm)
Land O’ Lakes: (Vermonta Creamery)
Nestle: (Essential Living Foods, Garden of Life, Lily's Kitchen)
Oppenheimer Funds Inc.: (SNW Asset Management)
Rakuten: (OverDrive)
The Hain Celestial Group: (Ella’s Kitchen)
Vina Concha y Toro: (Fetzer Vineyards)
Hortfruti S.A.: Hortifruti Chile
Danone SA: (Danone North America, Alpro, Danone Waters of America, Danone Canada, -Aguas Danone Argentina, Bledina, Danone Aqua Indonesia, Danone Egypt, Danone Iberia, Danone Manifesto Ventures, Danone UK, Grameen Danone Foods, Happy Family, Les 2 Vaches, Danone Waters Germany, Danone Dairy Ireland, Danone Waters Spain, Danone Netherlands, Danone Dairy Belgium, Nutricia Bago, Danone ELN Greater China, Danone Japan, Volvic, Danone Brazil)
Caixabank (Imagin Ban)
Banco Sabadell (Sogeviso)
iSun (SunCommon)

Current publicly traded Benefit Corps in the US are:

Vital Farms (recent IPO of PBC)
Lemonade Insurance (recent IPO of PBC)
Veeva Systems (January 2021) - public company that made charter amendment to become benefit corp
Appharvest (February 2021) - B Corp and benefit corp that went through a SPAC deal w/ Novus Capital Feb 2021
SDAC (February 2021) - benefit corp and pending B SPAC went public in Feb 2021
Amalgamated (In July 2020, amended their charter to include specific commitments that mimicked the benefit corp provisions, but in January 2021 approved the creation of a benefit corp holding company. Finalized March 2021.)
Coursera (March 2021) - In Feb 2021, became a B Corp and benefit corporation, and on March 31, 2021 IPO’d with both in place.
Broadway Financial Corporation (NASDAQ: BYFC)
Zymergen (April 2021) - Converted to PBC in conjunction with their IPO (NASDAQ: ZY)
Warby Parker
Allbirds
United Therapeutics (October 2021) - First PBC Conversion of a public biotech or pharmaceutical company
Chobanu (November 2021)
Planet Labs (December 9, NYSE: PL)
Greenlight Biosciences Holdings (completed a SPAC in Feb 2022. NASDAQ: GRNA)

All Public Companies that are B Corps.docx

Attempting to connect with:

Jorge Fontanez - CEO

https://www.linkedin.com/company/b-lab-us-and-canada/

https://www.linkedin.com/in/jorgelf/

(347) 860-2922 - jfontanez@bcorporation.net

I commented on his Aspen Institute post:

https://www.linkedin.com/posts/jorgelf_evolutionofesg-evolutionofesg-esg-activity-7085723030106030080-o8D_

...

The Impact Management Platform is a collaboration between the leading providers of international public good standards, frameworks and guidance for managing impact.

https://impactmanagementplatform.org/

I connected with Jo Fackler and asked about "tech"

https://www.linkedin.com/posts/jofackler_new-partners-announcement-the-partners-activity-7087454470376153089-bVKi

...

Thru Boston University - https://www.linkedin.com/in/jenny-ruenes/

(610) 293-0299 jruenes@bcorporation.net

https://www.bcorporation.net/en-us/news/blog/share-your-feedback-draft-new-standards-b-corp-certification/

Hi Jenny! I got your name from the Innova@BU mentor program I am volunteering with. As a fellow Terrier (Go BU!), I am inspired by your B Corp Standards process. I got involved with this last Fall for one of my B Corp clients - Avacado Green Mattress

I would love to help in any way. Particularly on how to help the B Corp ecosystem of employees and Partners leverage tech to more easily accomplish your awesome mission... yeah, this probably includes Web3 and Artificial intelligence!

Is there a process for me to add to your strategy?

5/5/23 - B Corp Opportunity

Avocado is a B-Corp https://www.avocadogreenmattress.com/pages/b-corp-certified

Avocado can introduce us to a HUGE opportunity to get inside companies with the ideal mindset to appreciate Impact Chain.

Today I met with https://www.linkedin.com/in/helloben/ the previous Executive Director of https://usca.bcorporation.net/ (US/Canad)

Check:

https://www.bcorporation.net/en-us/find-a-b-corp/

https://www.linkedin.com/company/b-lab-global/

Ben Anderson told me that 8k companies are registered B-Corporations around the world and 200k are using their standards.

BUT... they are struggling to keep up with management and data, Much is done by hand.... they need Impact Chain!

They are launching a "Minimum Performance Requirements" ... we can help them manage it for ... Impact.

But first we need to build our case!

After our internal confirmation (please include me in this process), our next step is to discuss with Avocado and get their insights and support.

I suggest we create a few slides SPECIFICALLY for our B-Corp mission... which is to support their mission ... and provide key elements for the next version of their internal/external platform for more efficient management, assessment, and progress.

Ben will introduce me to their Standards Advisory Board.. IF WE WANT TO PURSUE A PARTNERSHIP ... DO WE?

https://www.bcorporation.net/en-us/standards/advisory-council/

B Lab's Standards Advisory Council (SAC) is an independent, multi-stakeholder group composed of members from around the world with specific expertise in responsible and sustainable business. The SAC governs the B Corp Certification standards and oversees the overall performance requirements for B Corp Certification.

PLEASE CHECK - Who do you know on their Main Standards Advisory Council members list from?

https://www.bcorporation.net/en-us/standards/advisory-council/

https://www.linkedin.com/in/mahletgetachew/

https://www.linkedin.com/in/kelly-mccarthy-5a5bbb9/

https://www.linkedin.com/in/darinkingston/

https://www.linkedin.com/in/danosusky/

https://www.linkedin.com/in/bobwillardsustainabilityguy/

https://www.linkedin.com/in/celb77/

https://www.linkedin.com/in/dgibassier/

https://www.linkedin.com/in/jamiemrobertson/

https://www.linkedin.com/in/richard-pike-48b2714/

https://www.linkedin.com/in/thomasvancraen/