3 ms·
I am hopeful that the idea of a B-Corporation[0] will catch on. While not perfect, my impression is that it would confer more benefit to their workforce and soc
by mynameisash 6y ago
I am hopeful that the idea of a B-Corporation[0] will catch on. While not perfect, my impression is that it would confer more benefit to their workforce and society as a whole than traditional S- and C-corps.
For the uninitiated, B-Corps "must receive a minimum score from an assessment of 'social and environmental performance', [and] integrate B Corp commitments to stakeholders into company governing documents".
Patagonia, for example[1][2], seems to be a trailblazer in being transparent about and actively improving their business in terms of logistics (monitoring "the cost of materials that have the potential to be Fair Trade Certified against the volume of materials that are purchased in a Fiscal Year"), corporate culture ("[encourage] work-life balance, as well as a focus on an individual’s physical and mental health"), end products (their "criteria for the best product rests on function, repairability, and, foremost, durability"), and so on.
[0] https://en.wikipedia.org/wiki/B_Corporation_(certification) https://en.wikipedia.org/wiki/B_Corporation_(certification)
[1] https://bcorporation.net/directory/patagonia-inc https://bcorporation.net/directory/patagonia-inc
[2] https://www.patagonia.com/stories/benefit-corporation-update-patagonia-passes-b-impact-assessment-improves-score-to-116/story-17871.html https://www.patagonia.com/stories/benefit-corporation-update...
- adamcstephens 6y agoI like the B Corp model but would greatly prefer worker ownership.
- pabs3 6y agoIgalia are a good example of a worker owned company in the open source space (and they are hiring): https://www.igalia.com/ https://www.igalia.com/ https://www.igalia.com/jobs/ https://www.igalia.com/jobs/
- adamcstephens 6y agoThanks :)