Benefit Corporation

A benefit corporation is a type of for-profit corporation, authorized by 30 U.S. states and the District of Columbia, that includes positive impact on society and the environment in addition to profit as its legally-defined goals. This type of company is not to be confused with a B Corporation, a social good company certified by the nonprofit B Lab.

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The First Benefit Corporation IPO Is Coming, And That’s A Big Deal

Get ready for the first public stock offering by a chartered Benefit Corporation.
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Benefit Corporations for a Sustainable Economy

If governments around the world want to encourage public-private partnerships that help us transition toward a sustainable economy, then they must also create…
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Why Milton Friedman Would Have Been Okay With Benefit Corporations

Friedman won the Nobel Prize in 1976, advised President Ronald Reagan on economic policy in the 1980s and wrote several blockbusters, including "Free…
B Corp certification is an important step to becoming a truly sustainable business. But it's only half the battle, says

Certified B Corps Are Only Halfway Done

B Corp certification is an important step to becoming a truly sustainable business. But it's only half the battle, says one entrepreneur.
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Better Know a Deal: A First for Benefit Corporations

What will be the next public Benefit Corporation or B Corp? This spring Etsy went from private B Corporation to public. Now there’s…
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The Rise of the For-Profit, Socially-Responsible Corporation in Canada

Traditionally, for-profit corporations have one mandate -- to maximize shareholder value. Several jurisdictions in the United States have recognized the market for a…
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Benefit Corporation Laws — California vs. Delaware. It’s All In the Details

So, you've decided to become a Benefit Corporation. Should you choose Delaware or California?
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Benefit Corporation Laws: Delaware vs. California

Benefit corporation law has been enacted in 19 states. Delaware is of particular significance because it is the recognized leader in corporate law,…
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Why B Corps Should Expand Their Health and Wellness Programs

One of the best areas for B Corps (and other sustainable businesses) to improve is by providing health and wellness programs to their…
B Corp certification is an important step to becoming a truly sustainable business. But it's only half the battle, says

How to Power Through the B Corp Finish Line

If you are stuck finalizing your B Corp certification, this series will help you power through the finish line.
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How B Corp Certification Helps Benchmark and Improve Performance

B Corp certification helps you benchmark, compare, and improve the social and environmental performance of your entire company.
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How B Corp Certification Helps Attract and Engage Employees

B Corp certification can unleash the passion, initiative, and imagination of your employees by connecting them with the larger meaning behind their work.
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Delaware Legalizes Benefit Corporations

On July 17, Delaware Governor Jack Markell signed legislation into law that enables public benefit corporations (PBCs) to be formed in the state.
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B Corporations to Expand “Business for Good” Initiative Globally

The expansion of B Lab’s Certified Benefit Corporation's (also known as a B Corporation) program into South America was announced last week at…
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Considering Being a Benefit Corporation? A New Site Clears the Path

Over the past year, the reputation of corporations has been dragged through the mud, with the global Occupy movement casting a skeptical, antagonistic…