by thenewgreen

Welcome to King Arthur Flour, a 225-year-old company that prides itself on treating its employees well. It’s not just lip service: King Arthur is one of a growing number of companies that has incorporated as a new type of business called a benefit corporation, which means its mission is to consider the needs of society and the environment, in addition to profit. There are 27 states that have passed legislation allowing companies to incorporate as benefit corporations since Maryland passed the first such law in 2010. Delaware’s governor signed a benefit corporation law last year, opening up the designation to the thousands of businesses incorporated there, which include nearly half of all publicly-traded companies.