A B Corporation is either a private certification from B Lab verifying social and environmental performance, or a benefit-corporation legal status that codifies stakeholder primacy. The two are frequently conflated but distinct: the B Lab certification is private and reputational, requiring an 80+ score on the B Impact Assessment plus public transparency and recertification every 3 years. Benefit corporation status (called PBC in Delaware) is a corporate-law election available in roughly 40 US states (including Delaware, California, Texas, Colorado) that modifies director fiduciary duties to require consideration of stakeholder interests alongside shareholders.
B Lab certification (the private certification): B Lab, a nonprofi...