Everything You Need to Know: Public Benefit Corporations

December 10, 2020

Public Benefit Corporations (PBC) are rare, but they shouldn’t be. On the surface, being a PBC isn’t much different than being a traditional corporation. What is quite different is that PBC’s are a systemic solution to a systemic problem — the constricted focus of maximizing shareholder value.

While many companies ignore their social responsibilities, BSW adheres to the highest standards of corporate purpose.  

When we forget our responsibilities – to our community, our friends, our family – we weaken the bonds of our society. We believe that traditional companies will need to adopt a new way of doing business; caring about their employees, the communities they operate in, and the environment.

BSW is one of 849 companies in the world that are both a B Corp and PBC meeting the elite standards of corporate purpose.

For a glimpse of the future, look to the type of organizations that best handled the tumult of 2020. Organizations become what they measure; at BSW we measure ourselves by our progress toward our mission:

To ‘Make Life Better’ for BSW clients, staff and our broader community by building a long-term sustainable and environmentally considerate business that helps our clients and stakeholders achieve both financial security and lives of meaning, abundance, and fulfillment.

We hope that you enjoy reading BSW’s Annual PBC report. Thank you for being part of our journey in becoming the leading socially responsible advisory firm.