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Triple Bottom Line

PEOPLE, PROFIT, PLANET.

Vermont has long been an incubator of innovation — and companies whose mission and impact are central to their business model.

In 2010, Vermont became the second state in the country to enact Benefit Corporation legislation, allowing new companies to form, and existing companies to organize as benefit corporations. The legal framework of a benefit corporation gives businesses and investors the flexibility to consider mission and public benefit, in addition to profit, for all stakeholders, including shareholders, over the long term, even through exit transactions such as IPOs and acquisitions.

B-Corp Certification is an additional tool for businesses to manage their operations and programs according to the highest social and environmental standards. Certification is managed by the nonprofit organization B Lab, who sets rigorous standards for social and environmental performance, accountability, and transparency. (Benefit corporations may, but are not required, to choose B-Corp Certification as well). There are 36 certified B-Corps in Vermont ranging from famous food producers like Cabot Creamery Co-op and Ben & Jerry’s to publicly owned utilities like Green Mountain Power, financial institutions  such as Mascoma Bank and Clean Yield Asset Management, retail brands like Seventh Generation and King Arthur Flour and advanced manufacturing firms such as Chroma Technology Corp. Vermont ranks among the country’s top ten states with the highest per capita number of B Corps.

FURTHER READING

  • For Cabot Creamery, achieving B-Corp certification for its sustainability initiatives delivered operational value as well as a strengthened brand promise.
  • At Rhino Foods, an innovative loan program has increased worker retention by helping employees through the challenges of financial instability.
  • Vermont’s socially responsible businesses reap rewards.

RELATED STORIES

  • Vermont’s Green Mountain Power named most innovative company
  • Lake Champlain Chocolates Vermont’s newest Certified B Corp
  • Gardener’s Supply makes “Best in the World” list
  • Mamava owners recognized in D.C.
  • Meet Chris Miller, corporate activism manager for Ben & Jerry’s
  • Vermont Businesses for Social Responsibility (VBSR)

    Vermont Business for Social Responsibility (VBSR), a statewide, nonprofit business association with a mission to foster a business ethic in Vermont, partners with B Lab to offer programs in Vermont such as Measure What Matters, a series of intensive workshops to help members better support their communities, reduce the environmental impact of their operations, and create the best workplace for their employees.

  • Becoming a Benefit Corporation in Vermont

    The Vermont Secretary of State’s office provides guidance for businesses considering becoming a benefit corporation.

  • B-Corps Certification

    B Lab provides in-depth information on the certification process and maintains a searchable database of certified B-Corps by location.

  • Work for Good

    The B Work job site lists open positions at Certified B-Corps in Vermont.

HOW WE STACK UP

#25
Vermont has the Largest Number of Certified B-Corps per Capita

— (2017) Sustainability Trend Spotting

50
Vermont Companies on the 2018 Best for the World Certified B-Corps list

— (2018) B the Change

100%
Percent of New England’s B Corps located in Vermont

— (2018) B Lab

CERTIFIED B CORPORATIONS IN VERMONT

CompanyLocationSectorYear B-Corps Certification Established
Advance HumanityWoodstockService with Minor Environmental Footprint2013
The AlchemistStoweManufacturing2017
Ben & Jerry’sSouth BurlingtonManufacturing2012
Bluestone LifeBurlingtonService with Minor Environmental Footprint2016
Business Culture ConsultantsBurlingtonService with Minor Environmental Footprint2012
Cabot Creamery CooperativeWaitsfieldManufacturing2012
Chroma Technology CorpBellows FallsManufacturing2013
Clean Yield Asset ManagementNorwichService with Minor Environmental Footprint2011
Encore Renewable EnergyBurlingtonService with Minor Environmental Footprint2016
Forward PhilanthropyMontpelierService with Minor Environmental Footprint2012
Gardeners’ Supply CompanyBurlingtonWholesale/Retail2014
Green Mountain PowerColchesterManufacturing2014
Heritage Aviation Inc.South BurlingtonService with Significant Environmental Footprint2018
Image Outfitters, Inc.StoweService with Minor Environmental Footprint2014
Image RelayBurlingtonService with Minor Environmental Footprint2014
King Arthur Flour CompanyWhite River JunctionManufacturing2007
KSVBurlingtonService with Minor Environmental Footprint2015
Lake Champlain ChocolatesBurlingtonManufacturing2018
LineSync ArchitectureWilmingtonService with Minor Environmental Footprint2016
Mamava, Inc.BurlingtonManufacturing2015
Mascoma BankBranch Locations in VTService with Minor Environmental Footprint2017
Merritt & MerrittBurlingtonService with Minor Environmental Footprint2010
Mondo Mediaworks, Inc.BrattleboroService with Minor Environmental Footprint2017
Morris Recruiting & ConsultingStoweService with Minor Environmental Footprint2013
Native EnergyBurlingtonService with Minor Environmental Footprint2016
New Chapter, Inc.BrattleboroManufacturing2014
Rhino FoodsBurlingtonManufacturing2013
Seventh GenerationBurlingtonWholesale/Retail2007
The Scott FarmDummerstonAgriculture/Growers2017
SunCommonWaterburyService with Significant Environmental Footprint2012
Sustain NaturalBurlingtonWholesale/Retail2014
Vermont CreameryWebstervilleManufacturing2014
Watershed Coaching LLCBrattleboroService with Minor Environmental Footprint2015
Westwood InternationalStoweService with Minor Environmental Footprint2016

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