B CORP AND BENEFIT CORPORATIONS

Certified B Corporations are businesses that meet high standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift, thus redefining success in business and building a more inclusive and sustainable economy. B Corp certification is widespread in 71 countries and 150 different sectors and is supervised by the non-profit B Lab. In 2016, Italy introduced the legal status of Benefit Corporation designed for profit companies that want to go beyond the goal of profit and want to maximize their positive impact on society and the environment.