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Well-Being as Business Purpose?, Palazzi

Jul 07, 2015

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Well-Being as Business Purpose? 7 November 2014, Paris, France
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Page 1: Well-Being as Business Purpose?, Palazzi

Next Generation Business.

Page 2: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

1158 B Corporations   121 Industries 36 Countries 1 Unifying Goal

Page 3: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Faces of B Corps

Page 4: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Growing demand and need for well-governed, trustworthy, inclusive, sustainable, companies. B Corps as a new ‘asset class’, a new sector that meets these expectations.

Investors, Consumers, Policy Makers, Suppliers, Employees.…

1158 Certified B Corps +1140 Legally Inc. Benefit Cs 121 Industries 36 Countries 50 Million Customers 1 Unifying Goal

Page 5: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Why Become a B Corp?

Becoming a B Corp makes business sense:

• Creates a positive Identity, which society increasingly demands

• Inspire & Inform employees and other stakeholders

• Help find Investors through B Analytics

• Secures Introductions to 100s of like-minded businesses

• Provides Intelligence and Ideas from a global community

• Influence policy-makers to promote a better economy and raise profile

• Improve our economy, for the better, by raising standards collectively

Page 6: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Governance & LeadershipAccountabilityTransparencyCompetence

Employees & TalentJob GrowthCompensation & BenefitsWork EnvironmentEmployee Ownership

Community & SocietySuppliersLocalDiversityEngagement

EnvironmentEnergy UseFacilitiesRaw Materials & ResourcesManufacturing

Impact Business ModelsProducts / Services that meet real needsBase of the Pyramid / Developing WorldSustainable Supply Chain

To be added…

InnovationEntrepreneurship

The B Impact Assessment – What does it measure ?

Page 7: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

How do we become certified ?

Step 1: Meet Performance Requirement Complete the B Impact Assessment and earn a reviewed minimum score of 80 out of 200 points

Step 2: Meet Legal RequirementDetermine the path for your corporate structure and state of incorporation

Step 3: Make it OfficialSign the Declaration of Interpendence

Page 8: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Tools for next generation business

Page 9: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

B Lab Europe

B Lab Australia and New Zealand

Sistema B

2012 20142013 - 2014

A global movement

Page 10: Well-Being as Business Purpose?, Palazzi

B Corporations - Public Policy - Impact Investing

Next Generation Business

Private Equity

Contractors

Consulting

Wealth Managemt Home Apparel Education

Building Industry Retail Architecture Arts

Telecom Developing World

Restaurant

Personal Care

FoodClean Tech

B2B

Real EstateBanks

Hospitality

Renewable Energy

B2CBiotechnology

IT

Legal

Media

Footwear

Pharmaceuticals

Marketing

CommPR