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The World Confederation of Businesses (WORLDCOB) was founded on September 9, 2004, in the city of Houston, Texas, in the United States of America, under the name of MPBM, Co. Authorization was requested for the use of the name World Confederation of Businesses as the DBA (trade name) of MPBM Co.[1] WORLDCOB has a governing body consisting of the chairman, vice chairman, and the board of directors, made up of a multi-disciplinary team of professionals of different nationalities, all with experience in the field of business consultancy and advisory. The main offices are set up in Houston and Lima, Peru.[2][3] Founded by organization president Jesus Moran.
Since 2011 the organization has also been the certifying body for the WORLDCOB certification in corporate social responsibility WORLDCOB-CSR.[16] The certification lasts for a single year, and is determined after an audit of corporate documents by the organization.[17] The organization states that it has over 3000 members in over 130 countries.[16] The organization also launched a business-to-business online platform in 2009, where members contact each other and conduct various business transactions.[18][19][20] The congress also holds the CSR Workshop Tour.[21]
The organization has also developed WORLDCOB-CSR.2011.03 STANDARD CERTIFICATION, an International Standard which is validated by the British Standard Institute.[22][23][24]
In 2019, the organization announced launching of Worldcob Trust Seal (WTS).[25]