What Land O’Lakes’ acquisition of Vermont Creamery means for curd nerds like me
“A pound and a half of Land O’Lakes white American, sliced as thinly as you can.”
“But ma’am,” the deli clerk sighed, “they’ll all stick together.”
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Tag: B Corp
Multinational B Corporations: Big Business as a Force for Social Good
B Corp certification, which demonstrates a business’ dedication to using the power of markets to solve social and environmental problems, is expanding to allow multinational companies to become accredited. Will the certification of multinationals trigger a major breakthrough in responsible and purpose driven business?
While it is too early to definitively answer the question, B Corp certification may push mainstream enterprises to higher standards, and help prove that responsible business practices are possible for large multinationals.
Read MoreA Venture Capital Firm Goes B Corp
Foundry Group’s Seth Levine talks about how the new certification changes the way it works–and what stays the same.
Last week the Foundry Group venture capital firm announced that it had become a benefit corporation. More commonly known as B Corps, those are for-profit companies certified by the nonprofit B Lab to “meet rigorous standards of social and environmental performance, accountability, and transparency.” It’s a designation in keeping with the firm’s stated mission: “Foundry Group is passionate about helping outstanding entrepreneurs turn promising ideas into market-defining and market-leading companies.”
We spoke to Foundry Group managing director Seth Levine about what the move means to his company and beyond. (Note: Both Seth and Brad Feld, another Foundry Group managing director, are angel investors in NewCo.)
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