Doing the Right Thing - B-Corps With Tim Frick - #55
It seems like every day we see headlines about some public company behaving badly. Whether it is environmental disasters, abuse of workers, or just plain theft, companies often don’t have an overarching mission to do good. This shouldn’t be a surprise, because the main job description for the CEO of a public company is to maximize shareholder profits.
But there is a different way, B-Corps. So stay tuned to find out more.
Hey everybody, welcome back to another FUTR tech podcast. Today we are talking about a topic I have wanted to discuss on here for a long time, B-Corps, or Benefit Corporations. In 2010, Maryland became the first US state to pass benefit corporation legislation, and to date, 38 states including the District of Columbia have followed suit. Today there are many prominent companies like Patagonia, Athleta, Allbirds and Ben & Jerry’s that are B-corps.
I first learned of B-Corps from the social media postings of Tim Frick, an early proponent of B-corporations in Illinois. Tim is a Co-founder B Local Illinois and Tim’s company, Mighty Bytes is celebrating 10 years of being a B Corp. So, Tim is here to fill us in on why they are important and how they work.
Welcome Tim.
Mightybytes: https://www.mightybytes.com/
Mightybytes Impact Report: https://www.mightybytes.com/benefit-reports/2020-impact-report/
Sustainable Design: https://www.mightybytes.com/blog/sustainable-web-design/
Corporate Digital Responsibility: https://www.mightybytes.com/blog/what-is-corporate-digital-responsibility/
Web Accessibility: https://www.mightybytes.com/blog/web-content-accessibility-guidelines/
Data Privacy: https://www.mightybytes.com/blog/data-privacy-checklist-free-download/
Mightybytes code of ethics: https://www.mightybytes.com/code-of-ethics/
About Mightybytes B Corp: https://www.mightybytes.com/b-corporation/
Eco Grader: https://ecograder.com/
B Local Illinois: https://illinoisbcorps.org/
B Lab Tools: https://www.mightybytes.com/code-of-ethics/
B-Corp Climate Collective: https://www.bcorpclimatecollective.org/
B Work: https://www.bwork.com/
B The Change: https://bthechange.com/
B Impact Assessment: https://bimpactassessment.net/
FUTRtech focuses on startups, innovation, culture and the business of emerging tech with weekly video podcasts where Chris Brandt and Sandesh Patel talk with Industry leaders and deep thinkers.
