For a full discussion of why existing legal frameworks do not meet the needs of entrepreneurs and investors seeking to use business to solve social and environmental problems and/or legal protection to consider non-financial interests when making decisions, please see Clark, Vranka et al, White Paper on the Need and Rationale for the Benefit Corporation, Section II.
Benefit Corp vs. Traditional Corporations
This site is run as a public service by B Lab, a nonprofit whose mission is to use the power of business to solve social and environmental problems.
For information on B Lab's other initiatives, please visit www.bcorporation.net.
Legal Disclaimer: The information on this site does not constitute legal advice and is provided solely as a reference. Those interested in electing benefit corporation status should discuss with their legal advisors the potential risks and liabilities and specific processes associated with this for the company's circumstances and state of incorporation.