Businesses have not always been concerned with giving back to communities. Companies exist to deliver products or services and make a profit. But expectations have changed. Consumers are much more vigilant when it comes to ethically sourced products, eliminating modern slavery in supply chains, and reducing waste and emissions, even if they have to pay a higher price tag. They want to know how companies are contributing to the planet, to people, and with purpose.
B Corps, on the other hand, have gone through a rigorous certification process to demonstrate their social impact on people , the community, and the environment. B Corps are certified by, a nonprofit network that assesses applications and overseas annual certification renewals.
As the father of modern management, Peter Drucker, said, “management is doing things right; leadership is doing the right things.”
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