SINCE 1974
What Is a Certified B Corporation? Certified B Corporations are for-profit entities that exhibit world-class standards for sustainability, transparency and accountability. These standards are audited periodically by the independent industry standard organization, B Lab. B Corp Certification can be likened to Fairtrade or USDA organic certification for products such as bananas or milk. The difference […]
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What is a Delaware Public Benefit Corporation, Exactly? Delaware Public Benefit Corporations (PBC) function like any other for-profit corporation, but with a key difference. Public Benefit Corporations bake specific public benefit purposes into their foundation documents as for-profit entities. Delaware PBCs can use company resources to pursue public benefit causes without strictly focusing on maximizing […]
Continue Reading Do you want to make money while also making a difference in the world? The Delaware Public Benefit Corporation (“PBC”) allows companies to do just that. A Public Benefit Corporation is a for-profit business with a stated “public benefit” purpose set out in its incorporation documents. Delaware PBCs benefit both stakeholders and shareholders, and […]
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What Is a Public Benefit LLC, Exactly? A public benefit LLC is also known as a Statutory Public Benefit Limited Liability Company. The Statutory Public Benefit Limited Liability Company was first introduced in Delaware in 2018. Public Benefit LLCs are also available in a handful of other states including Maryland, Oregon, Pennsylvania, Utah, and Kansas. […]
Continue Reading Do you want to make money while promoting clean and green practices? Are you promoting employment of disadvantaged people? A Public Benefit Corporation (“PBC”) in Delaware, which some refer to as a B-corporation, is a new type of corporate structure. It is a for-profit business that has a stated “public interest” purpose set out in […]
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