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Fashion's B Corporations Blend Business with Social Good

The Business of Fashion - 26 Oct 2014 22:17
NEW YORK, United States -- According to dominant corporate thinking, a company's fundamental purpose is the single-minded pursuit of financial profit. But in recent years, a range of for-profit companies with wider social missions have registered themselves as B Corporations, which requires directors to consider not only shareholders, but also a broader set of stakeholders per the organisation's social and environmental impact, when making decisions. To become a B Corp, a company must undergo a ...
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