B Corporation

From Green Policy
Jump to: navigation, search


Public Benefit Business



A benefit corporation or B-corporation is a type of for-profit corporate entity, legislated in 28 U.S. states, that includes positive impact on society and the environment in addition to profit as its legally defined goals. B corps differ from traditional corporations in purpose, accountability, and transparency, but not in taxation.

The purpose of a benefit corporation includes creating general public benefit, which is defined as a material positive impact on society and the environment. A benefit corporation’s directors and officers operate the business with the same authority as in a traditional corporation but are required to consider the impact of their decisions not only on shareholders but also on society and the environment. In a traditional corporation, shareholders judge the company's financial performance; with a B-corporation, shareholders judge performance based on how a corporation's goals benefit society and the environment. Shareholders determine whether the corporation has made a material positive impact.

Benefit corporation laws address concerns held by entrepreneurs who wish to raise growth capital but fear losing control of the social or environmental mission of their business.


More re Business & Social Responsibility


Community interest company

Impact investing

Public-benefit corporation

Socially responsible investing

Stakeholder theory

Social Purpose Corporation


°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°


Benefit Corporations, Alternatives to Business-as-Usual


Visit Socio-Economic Terms at Wikipedia for New Economics/Business


Socio-economic accountability.png


°

Personal tools
Namespaces

Variants
Actions
GreenPolicy360
Daily Green Stories
About Our Network
Navigate GreenPolicy
Hot Times
Climate Action Plans 360
GreenPolicy360 in Focus
Going Green
Global Green New Deal
Green Education
Relational Eco-Politics
Biodiversity, Protecting Life
New Visions of Security
Strategic Demands
'Planetary Health Pledge'
Global Food Revolution
Earthviews
Countries & Maps
Digital 360
Fact-Checking, 'Facts Count'
Data, Intelligence, Science
GreenPolicy360 & Science
Climate Denial / Misinfo
Eco-Education
GreenPolicy Reviews
Envir Legis Info (U.S.)
Envir-Climate Laws (U.S.)
Trump Era Enviro-Rollbacks
Wiki Ballotpedia (U.S.)
Wiki Politics (U.S.)
Wikimedia Platform
Green News/Dailies
Green News Services (En)
Green Zines (En)
Green Lists @Wikipedia
Climate Action UN News
Climate Agreement / INDCs
Wikipedia on Climate
GrnNews Reddit Daily
Climate Current Metrics
Climate Historic Studies
Climate Change - MIT
Climate Change - NASA
Copernicus Programme
Worldometer
EcoInternet Search Engine
Ecosia Search Engine
Identify Nature's Species
Meta
Tools