B Corporation

A B Corporation (B Corp) is a for-profit company certified by the nonprofit B Lab for meeting high standards of social and environmental performance, accountability, and transparency. Unlike traditional corporations that prioritize shareholder returns above all, B Corps are legally required to consider the impact of their decisions on workers, customers, suppliers, community, and the environment. In venture capital, B Corps are relevant to impact investing — funds that target both financial returns and measurable positive social or environmental outcomes. B Corp certification is not the same as being a public benefit corporation (PBC) — it's a third-party certification rather than a legal entity designation.