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[video] PBS NewsHour examines value of "benefit corporation" legislation for companies striving to make a positive impact on society

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Article
7 March 2012

B Lab Releases First 'Best for the World' List of Businesses Creating Most Overall Positive Social and Environmental Impact

Author: B Lab

Today B Lab released the first ‘Best for the World’ lists recognizing companies creating the most positive overall social and environmental impact. The ‘Best for the World’ companies score 50% higher than nearly 2,000 other sustainable businesses, and in the top 10% among more than 500 Certified B Corporations, in the most comprehensive and independent assessment of overall corporate impact. B Lab also released separate lists of the ‘Best for the Environment’, ‘Best for the Community’, and ‘Best for Workers’.

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Article
29 February 2012

[video] Benefit Corporations Aim to Make a Profit - and a Positive Impact

Author: PBS NewsHour [USA]

Seven states have passed legislation officially recognizing companies with a conscience. Called benefit corporations, or B Corps, the firms strive to make a positive impact on society while also turning a profit. Economics correspondent Paul Solman reports as part of his Making Sen$e of financial news series. [refers to IceStone, Tweezerman, Revolution Foods, Warby Parker]

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Article
22 February 2012

The Benefit Corporation: Changing the Fabric of Society

Author: Frances Rheannon, CSRWire

Part One of this series introduced a new corporate form, the benefit corporation, which could revolutionize the fundamental rules of business. Now in Part Two, we examine the benefit corporation in more depth...

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Article
15 February 2012

The Benefit Corporation: Transforming Corporations from Psychopaths to Good Citizens

Author: Frances Rheannon, CSRWire

The 2003 documentary, The Corporation, characterizes the modern corporation as suffering from psychopathic personality disorder. From “callous unconcern for the feelings of others” to “failure to conform to social norms with respect to lawful behaviors,” the film lists the features of the disorder and applies them to the typical behavior of large corporations...On February 10, New York joined a growing list of states (including Maryland, California, and New Jersey) that have passed legislation allowing a new form of corporation, called a “benefit corporation,” that for the first time makes it possible for businesses to privilege social and environmental benefits, while still making a profit.

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