Oregon has the second-highest density of B Corp companies in the Nation and counting
Provided by Carl Palmer, Toledo – Meeting coming up March 22, 1:05pm, Toledo Library, Lower downhill entrance.
Another wave of Oregon companies has begun attaining a coveted national sustainable business status. The latest company to reach B Corporation status is Bridgetown Natural Foods, which announced its achievement last week. Bridgetown makes healthy, all-natural baked goods, nutrition bars and granolas for national food brands.
Bridgetown’s programs include “Bridges to Better Health,” an employee wellness program designed to help staff build sustainable, healthy lifestyles. The offering includes wellness and health classes that educate staffers about nutritious eating and meal planning with seasonal ingredients. As part of the program, Bridgetown employees receive in-house currency to spend on fresh produce at the company’s biweekly employee farm stand.
Other B-Corps in Oregon
Oregon has the second-highest density of B Corp companies in the country, noted Eric Friedenwald-Fishman, the Metropolitan Group founder and creative director who’s become one of the state’s leading sustainability certification advocates. Those companies employ nearly 3,000 people and count total revenue of $310 million. “It’s sizable and it continues to grow,” he said.
Oregon counts are up to 40 B Corps. On January 2, 2014 Oregon joined 18 other states that allow a corporation to register as a “Benefit Company.” (B-Corp) This designation protects corporations from being faced with legal challenges from shareholders who demand that they maximize profits and to encourage companies to include social and environmental benefits as part of their bottom line.
Benefit Company is a Corporation with a heart.
The corporation must provide an annual report demonstrating that it operated with positive social and environmental outcomes in the community, in addition to its regular annual report to shareholders.
If you have an interest in B Corps, you are invited to the next meeting of the Lincoln County Entrepreneurship Incubator, March 22, Saturday at 1:05 pm, lower downhill entrance of the Toledo Library. To attend you do not need a business idea or business plan but just want to be your own boss and have an interest in helping your community. Come and join us,