News : Benefit Corporation Coming to New Hampshire; Progressive Businesses Strive to Be Early Adopters of Novel Legislation

Nov 18, 2014

Published in Seacoast Online and Patch

Starting January 1, 2015, qualifying New Hampshire businesses can join corporations in over 25 states with a benefit corporation legal status. The Green Alliance, along with W.S. Badger Company, Inc. and Nearby Registry hope to be among the first in the state to adopt this status. This new legislation will help companies include both the public and the environment in their business plans in a new, defendable and promotable way.

Companies that choose benefit corporation status pledge to make a tangible, positive impact on the environment and the community. Businesses designated as benefit corporations make a commitment to meet higher standards of corporate purpose, accountability and transparency. These companies account not only for profit in their business plan but also include people and the environment in what is known as the triple bottom line.

Click here to read the full story on Seacoast Online
To read the full story on Patch, click here.