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Home / News / Business News / With law passed, companies can now declare public benefit (access required)

With law passed, companies can now declare public benefit (access required)

Starting in July, Idaho companies will be able to register as benefit corporations, a new designation approved by lawmakers this year and already in place in 26 other states. Unlike traditional companies, benefit corporations can take actions that don’t necessarily increase shareholders’ values, but benefit their community, the environment, or their employees, subsidiaries and suppliers. The ...

About Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.