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Jan 13, 2013 5:59 pm

What Are Benefit Corporations And SPC's?

Chas Wyatt

Washington State recently passed legislation that allows creation of 'Social Purpose Corporations', or SPC's for short. These corporations consider social, or environmental solutions in their operating matrix, in addition to watching the bottom line and profitability. Here is an article that explains more.~

http://bloomtimes.com/2013/01/companies-of-the-future-come-with-a-purpose-literally/?goback=%2Egmr_2903447%2Egde_2903447_member_203678536

Here is a list of states that have passed 'Benefit Corporation' legislation.~

http://www.benefitcorp.net/state-by-state-legislative-status