Benefit Corporation
- A commercial entity established with the dual purpose of generating profit for its shareholders and exerting a positive impact on society, such as enhancing environmental conditions or promoting overall wellness. This kind of corporation is sometimes also called a B corporation or public benefit corporation
- The Benefit Corporation aimed to improve local water quality while also generating profits for its investors.
- Rather than merely maximizing shareholder value, the Benefit Corporation had an additional objective of promoting organic farming practices.
- The Benefit Corporation set profit-making and reducing carbon emissions as parallel goals in its business model.
Provide Feedback
