Benefit to Society
One of the heartening trends in business has been the growing momentum of benefit corporations. B-corps make positive social-impact an explicit and legal part of the way an organization is structured. Organization such as cleaning-products manufacturer Seventh Generation and sporting-goods retailer Patagonia have led the charge. Other popular companies such as Warby Parker have joined the fray.
We wanted to share these two articles with you on benefit corporations and get your take. What should the interplay of profit and philanthropy be in companies?