Is a for-profit company’s only goal to generate profit?
A growing number of Triangle-area businesses now also consider social and environmental impact as measures of success, and a cohort of local college students are helping quantify and amplify that impact.
NC State’s B Corp Clinic matches students as volunteer consultants for local companies seeking certification as a B Corporation. B Corps, as they’re commonly known, are certified by the nonprofit B Lab for best practices in environmental responsibility, social impact, accountability and transparency. Nearly 2,000 companies in 50 countries are B Corp certified.
During the fall semester, 28 students helped six companies navigate the rigorous B Impact Assessment. Businesses that score at least 80 points on the assessment achieve B Corp certification.