![]() ![]() To add on, many C corporations usually adapt the B Corporation Certificate to gain goodwill. ī Corp Certification will bring no legal liabilities to a C Corporation or any for-profit business structures apart from its business model structure which should adhere to the B Labs. However, the certification brings a multitude of branding tools to the corporation. Īs a matter of law, in Massachusetts or States that recognize B Corporation Certification, it doesn't bring any legal significance to its shareholders, stakeholders or to its employees. B Lab certification applies to the whole company across all product lines and issue areas.Īn issue in deciding to be a Certified B Corporation would be the administrative and legal costs a corporation will face in changing their business model in accordance to B Labs regulations. B Lab certification is a third-party standard requiring companies to meet social sustainability and environmental performance standards, meet accountability standards, and be transparent to the public according to the score they receive on the assessment.
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