B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world, and as a result society will enjoy a more shared and durable prosperity.
B Lab drives this systemic change by: 1) building a global community of Certified B Corporations who meet the highest standards of verified, overall social and environmental performance and transparency, and stakeholder governance; 2) promoting Stakeholder Governance using innovative corporate structures like the benefit corporation to align the interests of business with those of society and to help high impact businesses be built to last; 4) helping tens of thousands of businesses, investors, and institutions with their Impact Management, by using the B Impact Assessment and B Analytics; and 4) inspiring millions to join the movement through its B the Change storytelling platform on Medium.
As of October 2017, there are more than 2,300 Certified B Corporations from over 130 industries and 50 countries; more than 4,500 businesses have registered as benefit corporations in the 35 states that have enacted benefit corporation laws; more than 15,000 businesses measure and manage their impact using B Lab’s B Impact Assessment; and more than 150 investors, fund managers, and institutions with billions of dollars in assets under management are using B Lab’s B Analytics data platform to measure and report on the impact of the companies in whom they invest and with whom they work.
Prior to B Lab, despite having no game, Jay co-founded and sold AND 1, a $250M basketball footwear and apparel company based outside Philadelphia. Jay led AND 1’s product and marketing and was AND 1’s CEO during its period of most rapid growth and decline.
Jay is a Henry Crown Fellow of the Aspen Institute, Board member of KIPP Philadelphia Schools, a growing cluster of high performing public charter schools, and a former Board member of Investors’ Circle and Social Venture Network, leading national networks of social entrepreneurs and early stage social investors. For more than a decade, Jay has co-taught a class about the role of business in society at Westtown School, a 200 year old Quaker school.
Jay grew up in New York City before heading west to Stanford University, graduating with a degree in East Asian Studies in 1989. Prior to AND 1, Jay worked for McKinsey & Co and several organizations in NYC’s public and nonprofit sectors. Between AND 1 and B Lab, Jay enjoyed a sabbatical Down Under and in Monteverde, Costa Rica with his yogini wife Randi and their two children, Dex, 19, and Ria 17.