B Corp Legislation
I attended an event last night hosted by VOIS Business Alliance. The featured speaker was Peter Threlkel, Corporation Division Director of the Oregon Secretary of State’s office. He spoke about the legislation that has been proposed to allow companies to become Benefit Companies in the State of Oregon. This designation would allow the companies to consider the Triple Bottom Line in their business decisions. It would be available to both corporations and LLC’s.
Here’s some additional background on the legislative efforts. Stay tuned for updates on the legislative process once the legislative session begins in February!