B Corp Approved.
Nothing boosts the integrity of a company more than a stamp of approval from one of the nation’s most respected certifying bodies. B Lab, a non-profit based in Philadelphia, PA, was created for the sole purpose of spreading social enterprise to help the community and the environment.
B Lab is the face behind one of the newest business structures: the Benefit Corporation (also known as a B Corp). States are beginning to enact B Corp legislation that will codify this business structure with a goal of helping society by fulfilling a triple bottom line: People. Planet. Profit. While Pennsylvania does not currently recognize B Corps as a valid corporate entity, B Lab has the ability to evaluate and certify any social enterprise who applies to become a B Corp.
During the certification process, B Lab goes through a number of stringent tests to determine a social enterprise’s impact on Governance, Workers, the Community and the Environment. When a social enterprise reaches its threshold score, B Lab awards that social enterprise with its seal of approval: B Corp certification.
Elliott & Davis, PC prides itself in being the first law firm to successfully form a B Corp in Pittsburgh. The Big Idea Bookstore located in Bloomfield, was the first of what will become an extensive list of B Corp certified companies in the greater Pittsburgh area. Be a part of the “next big thing”. Work with a law firm who has experience in B Corp certification today!