Patagonia is the first benefit corporation in California….
Nichole Goodman : Thursday January 5, 4:44PM
Last week in California a dozen companies lined up to at the Secretary of State’s office to become benefit corporations. The first one in line was Patagonia. Benefit corporations are a new corporate structure which allows corporations to maximize social and environmental benefits rather than the traditional fiduciary duty of only maximizing profits.
Read more about this Environmental Leader story here.
Author Bio:
Nichole directs policy for the Alliance for Sustainable Colorado; policies which promote sustainability. Her background includes extensive public policy work for state-based and national grassroots organizations; including coordinating a statewide campaign to facilitate voter education and increase public participation in the political process regarding land use and development in Colorado. Her career also includes several business development and marketing positions in the finance industry where she gained valuable experience in the business sector. Nichole devotes much of her free time to volunteering for organizations which share her passion for preserving the economic, social and environmental prosperity of Colorado. At the University of Colorado – Boulder, she earned her BA in Environmental Studies with an emphasis on decision making, planning and public policy.
