What is a benefit corporation?
Benefit Corporations are a new class of corporation that 1) creates a material positive impact on society and the environment; 2) expands fiduciary duty to require consideration of non-financial interests when making decisions; and 3) reports on its overall social and environmental performance using recognized third party standards. - Read More
State by State Status
Pending
Latest News
Benefit Corporations on the Rise. Barron's. April 29, 2013.
What Will Be the Identity of the First Delaware Benefit Corporation? Forbes. April 25, 2013.
Del. Officials Eye Public Benefit Corporations. Business Week News, April 18, 2013.
Delaware Considers "Public Benefit Corporation Legislation". StartupPerColator. April 12, 2013.
Can Firms Aim to Do Good if it Hurts Profit? The Wall Street Journal, April 10, 2013.
This site is run as a public service by B Lab, a nonprofit whose mission is to use the power of business to solve social and environmental problems.
For information on B Lab's other initiatives, please visit www.bcorporation.net.
Legal Disclaimer: The information on this site does not constitute legal advice and is provided solely as a reference. Those interested in electing benefit corporation status should discuss with their legal advisors the potential risks and liabilities and specific processes associated with this for the company's circumstances and state of incorporation.