Benefit Corp legislation

Benefit Corporation legislation allows companies to formally commit to not only making profits but also benefiting society and the environment. This legal structure requires businesses to consider their impact on stakeholders—such as employees, communities, and the environment—alongside financial performance. By adopting this status, a company can attract customers, investors, and employees who value social responsibility. Benefit Corporations must measure their social and environmental performance using established standards and report on their impact, promoting transparency and accountability while pursuing their goals. This balance aims to create sustainable businesses that contribute positively to society.