Congratulations to the MetroIBA member businesses named as four of the first official Benefit Corporations in the State Of MN: the data bank, Peace Coffee, Software For Good and Sunrise Banks.
A Benefit Corporation is a new legal structure for a company. In MN, Benefit Corporations are for profit companies who elect to be held accountable for pursuing more than just shareholder profits. Benefit Corporations in MN will pursue social and environmental impacts in addition to shareholder profits.
For more information about the B Corp movement, please visit http://www.bcorporation.net/