Green Mountain Power, a Vermont-based energy company, has become the first utility in the world to become a certified B Corp.
B Corps are certified by the nonprofit B Lab to meet standards of social and environmental performance, accountability and transparency.
There are 1165 B Corporations in 37 countries, including now 21 in Vermont. Ben Cohen and Jerry Greenfield of Ben & Jerry’s pioneered the business model “do good by doing good.”
To get a B Corp certification, GMP had to demonstrate its record of accomplishment and ongoing commitment in four areas: environment, employees, community and governance.