B Corporations -- Pacific Northwest OD Network
-
Upload
rachel-lyn-rumson -
Category
Business
-
view
471 -
download
1
description
Transcript of B Corporations -- Pacific Northwest OD Network
![Page 1: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/1.jpg)
Using the Power of Business to Solve Social and Environmental Problems
![Page 2: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/2.jpg)
Introductions
• Background– – Scaled from inception to $250 MM– Sold business in 2005
• What’s Next?– New Company– Fund– Infrastructure Play: B Lab
![Page 3: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/3.jpg)
Infrastructure Play
• Three elements missing preventing market acceleration:
– Standards
– Legal Framework
– Collective Voice
![Page 4: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/4.jpg)
We need a new sector of the economy . . .
- Govt/nonprofit sectors necessary, but insufficient - Business drives everything (77% US GDP)- Business can solve problems at scale with speed
- C Corps, S Corps . . . B Corps
• Procurement/Supply Chain preferences
• Investment preferences
• Tax incentives
• Social stock exchanges
. . . as large as the nonprofit sector today
Why does this matter?
![Page 5: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/5.jpg)
B Corporations:
• Meet high performance and legal standards
• Differentiation for: consumers employees investors policy makers
• Build collective voice for “good companies”
What’s a B Corp?
![Page 6: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/6.jpg)
Some examples?
![Page 7: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/7.jpg)
![Page 8: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/8.jpg)
Standards
• B Ratings System– Comprehensive Assessment Tool
• Transparent • Rigorous yet User-Friendly
– Tools & Best Practices• Improve Performance• Management Tool
– B Report• Comparable• Defines what’s good enough
– Version 1.0• Dynamic• Industry Specificity
![Page 9: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/9.jpg)
![Page 10: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/10.jpg)
![Page 11: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/11.jpg)
Legal Framework
• Shareholder to Stakeholder Business– Legal Structure for Beneficial Businesses
• Works within current corporate law• Expands the responsibilities of the corporation to
include the interests of stakeholders
– Functionality• Permission and Protection for Directors• Expands the rights of shareholders
– Built to Last• New Management• New Investors• New Owners: IPO / Acquisition
![Page 12: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/12.jpg)
![Page 13: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/13.jpg)
![Page 14: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/14.jpg)
Collective Voice
• Unifying Ingredient Brand– Unites social enterprise and
sustainability movement• Manifestation of the same intent
– Makes good easy• Consumers• Investors• Employees• Suppliers
– Significant market with minimal presence
![Page 15: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/15.jpg)
![Page 16: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/16.jpg)
![Page 17: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/17.jpg)
![Page 18: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/18.jpg)
• Influence the market beyond the success
of your individual company
• Save money (i.e. 75% off Salesforce)
• Maintain mission post-sale/succession
• Differentiation via third-party validation
But, what’s in it for me?
![Page 19: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/19.jpg)
New Sector of the Economy
• Capital Markets
• Supply Chain Initiatives
• Policy
![Page 20: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/20.jpg)
![Page 21: B Corporations -- Pacific Northwest OD Network](https://reader033.fdocuments.in/reader033/viewer/2022051818/54b476b94a7959fc0c8b4612/html5/thumbnails/21.jpg)