bringing your true self to work using b-corp principles - mariana brilhante
TRANSCRIPT
Bringing your true self to work
using B-Corp principles: creating the best companies for the world
EBBF Learnshop Mariana Brilhante
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IES – SOCIAL BUSINESS SCHOOL
B Lab Portugal & África Lusófona
Over 1.300 alumni training programs with INSEAD
ES + methodology – identify best practices
1st Social Impact Bond in Portugal –5th in Europe, only 20 in the world
B Corp – exclusive partnership for Portugal & Lusophone Africa
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OVERVIEW B CORP
B Lab Portugal & África Lusófona
Business as a force for good
Benchmark andImpact measurement
toolsB Corps Community
IES-Social Business School is B Lab’s exclusive global partner for the development of the B Corp movement in Portugal & Lusophone Africa
B CORP CHARACTERISTICS
B Lab Portugal & África Lusófona
Use business as a force for good
New way of leadership
Meet high standards in terms of social and environmental practices
Consider their shareholders as much as the other stakeholders (People, Environment, Community)
Protect their mission
Lead a global movement to redefine success in business
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GLOBAL COMMUNITY (1/2)Over 1297 B Corps, in 41 countries and 121 industries:
B Lab Portugal & África Lusófona
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Inclusive Design Consulting
Examples of B Corps by Industry:
GLOBAL COMMUNITY (2/2)
B Lab Portugal & África Lusófona
Social Brokers
Ice cream Outdoor apparel Cosmetics Banking Sector
Eyewear Water bottles Cleaning Products Crowd funding
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WHY ARE THESE COMPANIES AMAZING?
B Lab Portugal & África Lusófona
55%More likely to cover at least
some of health insurance costs for employees
More likely to give bonuses to no-
executive members
45%28%More likely to have women & minorities in management
More likely to give employees at least 20 hours per year paid time off to volunteer in their community
2,5X
More likely to give paid professional development opportunities
5X
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GLOBAL COMMUNITY (1/5)
B Lab Portugal & África Lusófona
• MISSION: Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.
• PRODUCTS: utilize organic cotton, which is 50 to 100% more expensive than normal cotton. Challenges/ influences the market – Nike proposed to include 10% of organic cotton into their products by 2015
• WORKERS: Paid leave to up two months to workers who want to volunteer in environmental organizations.
• COMMUNITY: gives 1% of profits to environmental organizations around the world
PATAGONIA
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GLOBAL COMMUNITY (2/5)
B Lab Portugal & África Lusófona
Ben & Jerrys
• MISSION: create the best possible product, on a economic sustainable manner and generate positive social change
• PRODUCTS: local dairy, cage free eggs and fair trade
• WORKERS: wages 46% above the living wage. Ben & Jerry Joy Gang – a group of people dedicated to infuse joy into everything they do
• COMMUNITY: donates 5% + of profits to environmental organizations worldwide. Caring Dairy program – support to local farmers to improve their impact
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GLOBAL COMMUNITY (3/5)
B Lab Portugal & África Lusófona
• MISSION: re-imagine commerce with the purpose of creating a lasting and sustainable world
• GOVERNANCE: stakeholders are asked to give feedback on social performance of the company; workers receive weekly financial reports
• WORKERS: all workers either have shares or the possibility of buying company shares
• ENVIRONMENT: offers bicycles and maintenance to its workers so they can bike to work
Etsy
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SOLUTION TIME
B Lab Portugal & África Lusófona
You are primed to come up with a creative solution
Thank you!
Mariana [email protected]
www.bcorporation.netwww.facebook.com/blabportugaleafricalusofona