Andrew Kassoy, 55, Dies; Saw Capitalism as a Force for Social Good
The New York TimesSaturday, July 12, 2025 at 7:57:30 PM
Andrew Kassoy, a 55-year-old advocate for socially responsible capitalism, has passed away. He co-founded B Lab, the organization behind the B Corporation certification, which pushes businesses to balance profit with social and environmental impact. Kassoy believed that capitalism, when done right, could be a powerful tool for positive change—not just wealth creation.
Editor’s Note: Kassoy wasn’t your typical financier—he spent his career challenging the idea that businesses exist solely to make money. His work with B Lab helped thousands of companies commit to ethical practices, proving that profit and purpose don’t have to be at odds. His death is a moment to reflect on how much further the business world still has to go in embracing his vision.
— Curated via WP Now’s
