Benefit Corporations
We envision a global economy that uses business as a force for good. This economy consists of a new type of corporation – the benefit corporation – which is purpose-driven and creates benefits for all stakeholders, not just shareholders.
As a benefit corporation and leaders of this emerging economy, we believe:
Benefit Corporation
That we must be the change we seek in the world.
That all business ought to be conducted as if people and place mattered.
That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all.
To do so requires that we act with the understanding that we are each dependent upon another and thus responsible for each other and future generations.
A benefit corporation is a legal structure that embeds stakeholder governance into a business’ DNA, ensuring the business considers its impact on all of its stakeholders. Importantly, the benefit corporation structure is not a certification and benefit corporations are not required to meet 3rd party standards. For more information see Wikipedia: Benefit Corporations.
