Benefit Corporations in California
SACRAMENTO - Assemblymember Jared Huffman (D-San Rafael) announced that 18 sustainable businesses registered today to become the first benefit corporations in California - a change made possible by Assembly Bill 361, authored by Huffman.
Huffman's law, which received overwhelming bipartisan support as it worked through both chambers of the California Legislature, creates a new, fully voluntary class of corporation in California called "benefit corporations," which allows businesses to pursue a material positive impact on the environment and community in addition to maximizing profits. Current law requires corporations to prioritize financial interests and shareholder profits.
Sustaining Sponsors
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Enterprise Sponsors
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Supporter Sponsors
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Media Sponsors
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Affiliate Sponsors
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In Kind Sponsors
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Presenting Organizations
Conference Host
