The Benefits of B Corps for Building Sustainable Social Enterprises in Archaeology
Within the slender margins of academic archaeology, our funding options are extremely limited. The accepted pathways to sustainability have been institutional support (the academy) or starting a nonprofit. In both cases we all must battle over an ever shrinking grant and philanthropic pool. The alternative is to go for-profit, which has historically meant to become a CRM firm. In the past few years, Benefit corporations (B Corps) have become an international movement for individuals and organizations to build social enterprises who wish to use "business as a force for good." Certified B Corps are held to a higher standard than either non-profits or academic projects in that they should expressly seek change in the world, conduct business as if people and place mattered, aspire to do no harm and benefit all, and work interdependently and be responsible to each other and future generations: "‘B Corp is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk." We explore how one startup, Codifi, Inc., made the decision to become a B Corp and if the benefits and limitations of this new pathway for social enterprises is worth the effort (hint: it totally is).
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The Benefits of B Corps for Building Sustainable Social Enterprises in Archaeology. Michael Ashley, Chris Webster, Ruth Tringham. Presented at The 81st Annual Meeting of the Society for American Archaeology, Vancouver, British Columbia. 2017 ( tDAR id: 429624)
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Abstract Id(s): 14597