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Patagonia registers as "Benefit Corporation" in CA
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(Ice-axe)
Patagonia registers as "Benefit Corporation" in CA on 01/03/2012 21:21:43 MST Print View

Patagonia has filed paperwork to be a Benefit Corporation in the state of California.
In fact Yvon Chouinard was the first in line to file.
A benefit corporation is one that makes a "material positive impact on society or the environment."
Here is a link to the story:
http://www.vcstar.com/news/2012/jan/03/patagonia-first-in-line-to-register-as-a-benefit/