Are you concerned about how your company impacts society and the planet? As of June 7, 2012, a new form of business corporation – the social purpose corporation – is available in Washington that allows corporations to adopt charters that take into account values other than pure profit maximization in making corporate decisions. If you would like to learn about this new form of business entity–what it is exactly, how to qualify, and what are the benefits and burdens of being one–we are hosting an educational event to go through these issues.
Social Purpose Corporations Explained
- Wednesday, October 10th, 2012
8:00 AM – 9:00 AM
- Davis Wright Tremaine
- 1201 Third Avenue Suite #200,
Seattle, Washington 98101
- John Reed and Ame Lewis
For questions contact
- Lacey Vinson
Register here for this event
Is A Social Purpose Corporation Right For You?
Many companies are increasingly looking to build social values – such as making a commitment to environmental sustainability or improving other aspects of the local, national, or world communities – into their corporate DNA. This program will discuss the unique features of this new form of corporate entity, the requirements to form or convert to a social purpose corporation, and the social purposes that may be advanced using the social purpose corporation form. DWT partner John Reed, chair of the Washington State Bar Association Corporate Act Revision Committee that drafted and sponsored the proposed legislation, will be on hand to provide an insider’s perspective on the legislation.