Third-party certification (e.g. B Corp) as a public, audited commitment to mission
#00103
Get certified against a published social/environmental standard (e.g. B Corp) as a public, audited signal of commitment. Cheap, requires no ownership change, useful as a complement — but it locks nothing: it's voluntary, revocable, and the first thing dropped when it conflicts wi
Brooklyn, New York, USA
FailedEtsy, Inc. (certified by B Lab)· 2012–2017· Global
Etsy was certified by B Lab as a B Corporation from 2012. After its 2015 IPO, retaining certification required converting its Delaware C-corporation legal form to a public benefit corporation (PBC) by a 2017 deadline. U…
Duration as Certified B Corporationnot certified~5 years (2012–2017)years
PBC conversion (required to retain certification)certification retaineddeclined; B Corp status relinquished November 2017
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