Benefit corporations promise to help people and the planet while also making a profit and publishing social impact reports.
Impossible? Maybe. Interesting? Definitely.
Follow this independent site for updates on a revolutionary new way of doing business.
There’s more than one way to run a mission-driven business. Benefit corporations are allowed in 30 states and the District of Columbia. Two of those states (Maryland and Oregon) also allow benefit limited liability corporations (BLLCs). Social purpose corporations (SPCs) are legal in four states; low-profit limited liability companies (L3Cs) are legal in eight. More…
