What is a Benefit Corporation required to consider when making decisions?

A Benefit Corporation is a specific type of corporate structure that allows businesses to pursue not only profit but also social and environmental objectives. When making decisions, a Benefit Corporation is required to consider the well-being of all stakeholders, which includes employees, customers, suppliers, the community, and the environment, alongside the interests of stockholders.

This approach reflects a broader commitment to create a positive impact on society and the environment, rather than focusing solely on financial returns. By prioritizing stakeholder interests, Benefit Corporations aim to balance profit-making with the responsibility to address social and environmental challenges, thus contributing to sustainable business practices. This holistic perspective is embedded into their legal framework, ensuring that while they seek profitability, they also act in ways that benefit their community and the world at large.