Announcing the SOCAP24 Agenda — Going Deeper: Catalyzing Systems Change!

Redistributing Power and Profit: B Corp Journeys with Alternative Ownership Models

Sarah Schwimmer B Lab

Too often, business as usual increases wealth and income inequality, limiting economic mobility and security for low-wage workers while enriching corporate leaders and shareholders. B Lab believes in a different type of business, one that produces value for all through good jobs and an equitable distribution of profit. B Lab’s performance standards and stakeholder governance model create a blueprint for businesses to follow and many B Corps have experimented with implementing a variety of alternative ownership models that are shifting the corporate structures that otherwise entrench inequality. We’d like to invite a couple of B Corps to speak about their own journeys to implement some of these practices and the results they’ve observed.

Track

DEI, Ownership and Impact

Format

Panel (3 speakers)

Speakers

  • NameJoachim Krapels
  • TitleHead of Strategy & B Corp Movement
  • OrganizationB Labs
  • NameKaren Colberg
  • TitleCEO
  • OrganizationKing Arthur Baking Company
  • NameEric Edelson
  • TitleCEO
  • OrganizationFireclay Tile

Description

Too often, business as usual increases wealth and income inequality, limiting economic mobility and security for low-wage workers while enriching corporate leaders and shareholders. B Lab believes in a different type of business, one that produces value for all through good jobs and an equitable distribution of profit. B Lab’s performance standards and stakeholder governance model create a blueprint for businesses to follow and many B Corps have experimented with implementing a variety of alternative ownership models that are shifting the corporate structures that otherwise entrench inequality. We’d like to invite a couple of B Corps to speak about their own journeys to implement some of these practices and the results they’ve observed.

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