What is a Benefit Corporation?

These new corporations are required to consider the impact of their decisions not only on shareholders but also on workers, community, and the environment; and are required to make available to the public an annual benefit report that assesses their overall social and environmental performance against a third party standard.

State by State Status of Legislation

31 Laws Passed 5 Working on it

Over half the country has now adopted benefit corporation legislation, and future state adoption of the form is becoming less of a nice to have and more of a need to have. Learn how B Lab can help you pass this legislation in your state.

LEARN HOW TO PASS THIS LEGISLATION

Create a Free Benefit Report

 

The B Impact Assessment is a free online impact measurement platform that meets the standards for benefit reporting. It provides tools to assess, compare, and improve your company's social and environmental performance, and can generate a free benefit report based on your company's impact on workers, community, and the environment.

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Common Misconceptions

Misconception: Benefit corporations must be certified or audited
Misconception: Benefit corporations are only small companies or start ups
Misconception: Benefit corporations and Certified B Corps are the same thing
Misconception: Benefit corporations are non-profits or hybrid entities.
Misconception: Benefit corporations are only small companies or start ups
Misconception: Benefit corporations have trouble raising money

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