Radical Transparency

Various Models Exist to Demonstrate Social Responsibility. How to Distinguish Between the Options?

Why It Matters

Demonstrating transparency means data, details, and corroboration — those verifiable points about a impact-oriented business. New legal forms like the C3 as well as more grassroots approaches like the Economic Nutrition Label are shaping the new age of transparency. The second in a series.

Following the increase in mission-driven businesses, certain legal structures have emerged that allow for companies to put their social values at the forefront. Canada’s first example of this is British Columbia’s community contribution companies (also known as C3), a legal form that indicates an intention to make a positive impact. The only other province to offer a comparable business structure is Nova Scotia, which has community interest companies, a hyb

 


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