How B Lab U.S. & Canada Will Drive Systemic Change: Advancing Racial Equity, Climate Justice, and a Stakeholder-Driven EconomyChanneling the B Corp Community to Create Environmental and Social BenefitAs the world grapples with a global pandemic, systemic racism, gross human inequality, and climate change, B Lab U.S. & Canada is leaning into nearly 15 years of experience to realize its vision of an inclusive, equitable, and regenerative economic system for all people and the planet.
During its recent State of the B event, leaders from B Lab U.S. & Canada (a regional partner of B Lab Global) shared how the nonprofit organization will mobilize the collective impact of businesses in the Certified B Corporation community in pursuit of that vision. The almost 4,000 B Corps around the world are harnessing the capacity of business and the capital markets to address environmental and social challenges — reducing inequality, meeting human needs, addressing the climate crisis, stewarding natural resources — and drive systemic change to reset the economy.
“As leaders and stewards of this movement, we have both an incredible opportunity and responsibility to use business as a force for good and to reset our economic system so that it works for everyone,” says Kara Peck, Senior Director of Strategy and Partnerships for B Lab U.S. & Canada.
Impact Focus: Racial Equity, Climate Justice, and a Stakeholder-Driven EconomyB Corps are leading this effort through policies and practices that address environmental and social challenges and are accountable to stakeholders rather than only shareholders. In the U.S. and Canada, the policies and practices include a continued focus on advancing racial equity, climate justice, and a stakeholder-driven economy. These three interdependent concepts are key to effecting change and advancing the vision of B Lab U.S. & Canada.