B Lab Honored as a 2020 World’s Most Innovative Company by Fast Company
NEW YORK, 10 March 2020 — In recognition of 14 years of impact, innovation, and movement building, B Lab has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2020, landing at #5 in the Not-for-Profit sector list. Fast Company publishes yearly lists, organized by sector as well as a Top 50, to honor the organizations and businesses making the most profound impact on both industry and culture, and showcase a variety of ways to thrive in today’s fast changing world.
This distinction acknowledges B Lab as both a standards and global movement building organization, driving economic systems change around the world. It also coincides with B Corp Month, our annual celebration of the global B Corp community that highlights the collective power of buying from, working for, and doing business with Certified B Corporations.
"This honor is a big win for our whole global network, and it’s a testament to the hard work of our teams and the power of the B Corp movement," said Co-Founder and B Lab Global CEO, Andrew Kassoy. "We're delighted to be recognized alongside B Corps on this list as well, demonstrating that responsible business is both profitable and innovative. And as more mainstream business conversations revolve around the topic of changing our economic system, we’re excited and ready for more of this talk to turn to action with corporates, the capital markets, and at the public policy level."
The 2020 Most Innovative Companies list features 434 businesses from 39 countries, including several B Corps. Fast Company’s editors and writers sought out the most groundbreaking businesses on the planet and across myriad industries.
About B Lab: B Lab is a nonprofit that serves a global movement of people using business as a force for good. B Lab’s initiatives include B Corp Certification, administration of the B Impact Management programs and software, and advocacy for governance structures like the benefit corporation. B Lab’s vision is of an inclusive and sustainable economy that creates a shared prosperity for all. To date, there are over 3,000 Certified B Corps in 150 industries and 70 countries, and over 70,000 companies use the B Impact Assessment. Visit bcorporation.net for more information.
About Fast Company: Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.