benefit corporations

9:49am

Tue July 23, 2013
City Visions: July 29, 2013

Benefit Corporations: Making a Profit While Doing Good?

Why should consumers care about benefit corps?

Benefit corporations, also known as “B corps,” are changing what it means to be a socially responsible business. 20 states have passed laws that recognize benefit corporations as businesses that make a commitment to 

doing good while still making a profit. And in April 2012, the San Francisco Board of Supervisors approved a measure that gives benefit corporations an incentive to apply for city contracts.

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