This year, Greyston Bakery is celebrating its 30th Anniversary, and we’ve received a fantastic present from New York State: the ability to enroll as a Benefit Corporation. On February 10, 2012, Greyston Bakery became the first social enterprise to register as a Benefit Corporation in the State of New York. New York joins six other pioneering states that have passed the ‘benefit corporation’ legislation, which allows companies to demonstrate higher standards of corporate purpose, accountability, and transparency through this new corporate designation. “Benefit Corporations are using the power of business to solve social and environmental issues and it is our goal at Greyston to set an example for other social enterprises as we embrace our new corporate status,” says Greyston Bakery CEO, Mike Brady.
We here at Greyston appreciate the support of our friends as we uphold the values defined by this new legislation. Supporting Benefit Corporation legislation and companies that incorporate the transparency it calls for, allows you to make informed decisions which support your values. For more information on Benefit Corporation legislation visit: http://benefitcorp.net/
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