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, in long term value creation and how corporate success is measured.
Vermont has the highest number of B-Corps per capita, and is in the top ten of US states with B-Corps.
B-Corp Certification is an additional tool for businesses to show their commitment to be a force for good in their communities. Certification is conducted by the nonprofit organization B Lab, who sets rigorous standards for social and environmental performance, accountability, and transparency. (Benefit corporations may choose to seek B-Corp Certification as well but are not required to do so). There are 33 certified B-Corps in Vermont — ranging from famous food producers like Cabot Creamery and Ben & Jerry’s to financial institutions (Mascoma Bank, Clean Yield Asset Management), retail brands (Seventh Generation, King Arthur Flour) and advanced manufacturing firms (Chroma Technology Corp).
- 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.
CERTIFIED B CORPORATIONS IN VERMONT
|Company||Location||Sector||Year B-Corps Certification Established|
|Advance Humanity||Woodstock||Service with Minor Environmental Footprint||2013|
|Ben & Jerry’s||South Burlington||Manufacturing||2012|
|Bluestone Life||Burlington||Service with Minor Environmental Footprint||2016|
|Business Culture Consultants||Burlington||Service with Minor Environmental Footprint||2012|
|Cabot Creamery Cooperative||Waitsfield||Manufacturing||2012|
|Chroma Technology Corp||Bellows Falls||Manufacturing||2013|
|Clean Yield Asset Management||Norwich||Service with Minor Environmental Footprint||2011|
|Encore Renewable Energy||Burlington||Service with Minor Environmental Footprint||2016|
|Forward Philanthropy||Montpelier||Service with Minor Environmental Footprint||2012|
|Gardeners’ Supply Company||Burlington||Wholesale/Retail||2014|
|Green Mountain Power||Colchester||Manufacturing||2014|
|Heritage Aviation Inc.||South Burlington||Service with Significant Environmental Footprint||2018|
|Image Outfitters, Inc.||Stowe||Service with Minor Environmental Footprint||2014|
|Image Relay||Burlington||Service with Minor Environmental Footprint||2014|
|King Arthur Flour Company||White River Junction||Manufacturing||2007|
|KSV||Burlington||Service with Minor Environmental Footprint||2015|
|Lake Champlain Chocolates||Burlington||Manufacturing||2018|
|LineSync Architecture||Wilmington||Service with Minor Environmental Footprint||2016|
|Mascoma Bank||Branch Locations in VT||Service with Minor Environmental Footprint||2017|
|Merritt & Merritt||Burlington||Service with Minor Environmental Footprint||2010|
|Mondo Mediaworks, Inc.||Brattleboro||Service with Minor Environmental Footprint||2017|
|Morris Recruiting & Consulting||Stowe||Service with Minor Environmental Footprint||2013|
|Native Energy||Burlington||Service with Minor Environmental Footprint||2016|
|New Chapter, Inc.||Brattleboro||Manufacturing||2014|
|The Scott Farm||Dummerston||Agriculture/Growers||2017|
|SunCommon||Waterbury||Service with Significant Environmental Footprint||2012|
|Watershed Coaching LLC||Brattleboro||Service with Minor Environmental Footprint||2015|
|Westwood International||Stowe||Service with Minor Environmental Footprint||2016|