benefit corporations

Benefit Corporations are a type of business structure that balances profit-making with social and environmental responsibility. Unlike traditional corporations, which primarily focus on maximizing shareholder profits, Benefit Corporations are legally required to consider the impact of their decisions on stakeholders, including employees, customers, and the community. They aim to create a positive impact on society while still achieving financial success. This structure promotes transparency and accountability, as they must report on their social and environmental performance, bridging the gap between business and social good.