Purpose & Stakeholder Governance Impact Topic Sets the Standard for Stakeholder Capitalism

In today’s shifting business landscape, companies are increasingly expected to serve more than just their shareholders.

Purpose & Stakeholder Governance (PSG), one of the foundational Impact Topics of new B Lab’s Standards, represents a bold evolution in what responsible business leadership looks like. It ensures that companies operate with a meaningful purpose and a governance structure that actively considers the interests of all stakeholders, such as workers, customers, communities, the environment, and shareholders, when making decisions. PSG isn’t just a principle, but a blueprint for building companies that create long-term value, not just for a few, but for everyone their business touches.