‘A New Company for a New Economy’: Creating a New Chapter in NC Corporate Code for ‘Benefit Corporations’ support What is a Benefit Corp? Benefit Corporations are a new class of corporation that are required to create a material positive impact on society and the environment and to meet higher standards of accountability and transparency. To learn more visit: http://www.bcorporation.net/publicpolicy Why is it important for NC to adopt Benefit Corp Legislation? Benefit Corp legislation is pro-business and pro-economic development: Pro-Business: NC Corporations are currently legally prevented from considering the interest of their stakeholders in their decision making processes. Benefit Corp legislation removes the legal impediments preventing businesses and investors from making their own decisions to use sustainability and social innovation as a competitive advantage. Pro-Economic Development: Passage of Benefit Corp legislation in NC will position NC as a leader in the green economy and help attract companies in NC that are committed to creating general public benefit, as well profit.