Governance
One other unique- and important- requirement of B Companies is stakeholder governance.
B Corp mandates that licensed corporations prioritise stakeholder governance, embedding it of their firm’s authorized framework. By doing so, the corporate should take into account the influence of their choices on all stakeholders (employees, communities, prospects, suppliers, setting) past simply shareholders.
This method goals to preserve mission integrity, guarantee consistency in stakeholder governance by modifications in management or possession and supply flexibility in monetary choices. It advocates for a broader accountability in direction of creating long-term worth for all concerned, positioning companies as forces for good and selling an economic system that advantages everybody.
