The Benefit Corporation movement

The Benefit Corporation movement is a way for companies to commit to both making a profit and creating a positive social or environmental impact. Unlike traditional corporations focused mainly on shareholder profits, benefit corporations legally embed social responsibility into their mission. This status provides transparency and accountability, encouraging businesses to prioritize sustainable practices, fair labor, and community well-being. It appeals to consumers, employees, and investors who value social good alongside financial success, fostering a more responsible and purpose-driven approach to business.