About us
B Lab is the non-profit network transforming the global economy to benefit all people, communities and the planet.
It was created in 2006 with the mission to inspire and enable people to use business as a force for good. There are B Labs across the globe (forming the B Global Network) including Australia, East Africa, mainland Europe and North and South America. B Lab UK is a charity that launched in 2015.
As part of this international network, B Lab UK leads economic systems change to support our collective vision of an inclusive, equitable and regenerative economy. Our purpose is to redefine success in business through building a community of engaged businesses, raising awareness of the B Corp Movement and influencing change in the UK economy.
Together, we are shifting our global economy from a system that profits few to one that benefits all: advancing a new model that moves from concentrating wealth and power to ensuring equity, from extraction to generation, and from prioritising individualism to embracing interdependence.
B Lab UK is going through a period of rapid growth. The B Corp movement is growing exponentially; the B Corp community doubled in the last year, with now over 2,000 companies using business as a force for good.
Finances
For the year ended 31 December 2023 B Lab (UK) had a surplus of £1,263,805 (2022: deficit of £272,225). Funds of the charity on 31 December 2023 were £1,303,594 (2022: £39,789), all of which were unrestricted. These funds exclude income received in 2023 which has been deferred to 2024 of £3,862,923 (2022: £2,270,815 was deferred to 2023)
No grants, donations or gifts in kind were received in 2023 (2022: £687). Income earned from charitable activities increased by 95% to £6,499,289 from £3,329,821 (2022: 109%). All expenditure is related to charitable activities.
For further information, please review the charity’s annual accounts here.
Equity, Diversity and Inclusion Statement
As a global network, B Lab stands against all forms of oppression, including racism, transphobia, classism, sexism, and xenophobia. We commit to focused and sustained action to dismantle racist systems, policies, practices, and ideologies within ourselves and our networks. As we continue to learn about injustice, we embrace radical reorientation of our consciousness and will listen to the voices of Black, Brown, Indigenous, and marginalised peoples to catalyse equitable outcomes for all.