As one of the most powerful force on earth, business has the potential to create systemic impact. However, “business as usual” prioritises shareholder value, often at the expense of society and environment.
Increasingly, more consumers choose organisations with better ways of doing business, while employees seek more meaningful purposes in their work. They just may not know how to identify such organisations.
B Corps, or Benefit Corporations, are a new corporate form for sustainable businesses and social enterprises that voluntarily meet higher standards of transparency, accountability and performance. They offer an exciting new approach to business as a force for good. This new corporate form changes fiduciary duty, permitting companies to create shareholder value and social value.
Keynote presentation & panel discussion with Asian business leaders
Specially for those:
- who believe organisations can and should benefit society and planet, and are looking for systemic solutions to make this happen,
- looking for ways to improve and manage your organisation’s impact and benchmark its performance
Shaw Foundation Alumni House, 11 Kent Ridge Drive , Singapore 119244
About the Speaker:
Bart Houlahan, 46, along with his partners, Jay Coen Gilbert and Andrew Kassoy, co-founded B Lab in 2006. B Lab is a nonprofit organization dedicated to serving entrepreneurs using business as a force for good. B Lab drives systemic change through three interrelated initiatives: 1) Certified B Corporations: a corporate certification for sustainable businesses and social enterprises that meet higher standards of social and environmental performance and legal accountability; 2) B Analytics: a customizable data platform that drives capital to impact investments by assessing the social and environmental performance of companies and funds; and 3) Benefit Corporations: a new, legally-recognized corporate form that changes corporate fiduciary duty, permitting companies to create shareholder value and social value. Prior to B Lab, Bart was President of AND 1, a $250 MM basketball footwear and apparel company. Bart is a Henry Crown Fellow of the Aspen Institute, a recipient of the 2014 Skoll Award for Social Entrepreneurship, and an advisory board member of the Fuqua Center for the Advancement of Social Entrepreneurship (CASE), the Wharton Impact Investing Initiative, and the G8 Impact Measurement Working Group.
This forum is the first in a series presented by NUS Enterprise and the Family Business Network Asia to equip businesses with tools to be a force for good. The series is part of the Social Venture Lab@NUS, a programme initiated by NUS Enterprise.