The Magazine of Corporate Responsibility

Tag Archive for ‘California’

Two New Corporate Forms to Advance Social Benefits in California

California Governor Jerry Brown recently signed into law competing bills that create two new corporate forms — a “flexible purpose corporation” and a “benefit corporation” — intended to allow entrepreneurs and investors the choice of organizing companies that can pursue both economic and social objectives. Here’s a legal analysis of the implications for businesses with a social purpose.

Opinion: Stand Up to Big Plastic

If Oregon succeeds in passing the nation’s first statewide ban on plastic bags, it will be over the strenuous objections of the plastics industry, led by South Carolina-based bag manufacturer Hilex Poly. Opponents in the plastic industry have waged an all-out campaign to deny that plastic bags pose a threat to the environment, even raising fears about the safety of reusable bags.

Using Solar Power for All Home Energy Needs

It has been possible for years if not decades to provide all of a home’s energy needs with solar power. The technology is here and is only getting more efficient and less obtrusive every day. The only real stumbling block is cost: Solar systems capable of meeting all of an average U.S. home’s energy needs start at around $25,000.

Financial Crisis Commission: Watch Out for Phil Angelides

There will no doubt be a fair amount of theater this week as the Financial Crisis Inquiry Commission holds its first public hearings exploring the causes of the 2008 financial crisis that nearly catapulted the U.S. and world economies into a 21st century Great Depression. While many will focus attention on the star bankers testifying, there’s another potential star in this drama that you might want to keep on eye on: the commission’s chairman, Phil Angelides.