The B Team
The B Team is a business-leadership initiative launched by Richard BransonRichard BransonRichard Branson is a British entrepreneur and founder of Virgin Group. Beginning with a youth magazine and mail-order records, he expanded into aviation, leisure, telecommunications, finance and commercial spaceflight. He also founded Virgin Unite and is known for ballooning expeditions and his 2021 suborbital flight.Open the full entry and Jochen Zeitz in 2013 to promote environmental and social responsibility and long-term prosperity. Its work includes climate action, corporate transparency, responsible taxation and a just transition.
Contents5 sections
Key facts
June 13, 2013Launch
Richard Branson and Jochen Zeitz launched The B Team to encourage business leaders to consider social and environmental outcomes alongside financial performance and cooperate on changes in business practice.[1]
2014Climate coalition and transparency
The B Team helped establish the We Mean Business coalition and promoted transparency in beneficial ownership. It works through business leaders and partner organizations rather than acting as a regulator.[1]
2017–2018Open Ownership, taxation and just transition
In 2017 it helped develop Open Ownership. In 2018 it introduced responsible-tax principles and supported just-transition work addressing the effects of economic change on workers and communities.[1]
Related Organizations, Websites, and Public Accounts
The B Team: Official link: https://www.bteam.org/ (opens in a new window).[1]
Richard Branson: Official link: https://www.virgin.com/branson-family/richard-branson (opens in a new window).[1][2]
Virgin GroupVirgin GroupVirgin Group is an investment and brand group originating in the record business established by Richard Branson and Nik Powell in 1970. Its network spans aviation, travel, hospitality, health, telecommunications, finance and spaceflight. Virgin-branded businesses have distinct ownership and operating arrangements.Open the full entry: Official link: https://www.virgin.com/ (opens in a new window).[1][3]
Virgin UniteVirgin UniteVirgin Unite is Virgin Group’s charitable foundation, established by Richard Branson in 2004. It supports partnerships addressing social and environmental issues and helped develop initiatives including The Elders and The B Team, which have their own governance.Open the full entry: Official link: https://www.virgin.com/virgin-unite (opens in a new window).[1][4]