Pleased to share this important article on Benefit Corporations from Jay Coen Gilbert, Co-Founder of B Lab

Sen. Elizabeth Warren, Republicans, CEOs & BlackRock’s Fink Unite Around ‘Accountable Capitalism’

“Benefit corporations are exactly the same as traditional corporations except for one important thing that is uniting strange bedfellows: Benefit corporations fix a source code error in the operating system of capitalism—a legal concept called “shareholder primacy.” Unlike traditional corporations, the boards of directors and officers of benefit corporations are required to consider the impact of their decisions not only on shareholders, but also on other stakeholders, like workers, customers, communities, suppliers and the environment. Research, business leaders and investors are increasingly on the same page that this kind of stakeholder governance is not only good for society—it is good business.”

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