B Lab Singapore 2023 Impact Report
published: August 12, 2024
Our Impact
B Lab Singapore is a registered charity and the catalyst behind the B Corp Movement in Singapore. We’re thrilled to share our inaugural Impact Report which celebrates the growth of the B Corp Movement here in Singapore and the positive impact these purpose-driven enterprises are making on the people and the planet.
Our Impact Report outlines how B Corps in Singapore outperform ‘business-as-usual’ in creating sustained benefit for all stakeholders – people, communities and the planet.
Highlights Include:
B Corps, in comparison to ordinary businesses in Singapore are:
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480% more likely to incorporate social and environmental performance into managers' job descriptions
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160% more likely to implement water conservation in the majority of their corporate offices or plant facilities
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220% more likely to have Charitable Giving and Community Investment Policies and Practices
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130% more likely to address social or economic problems via their products and services.
