Radical Transparency

Author Jacky Habib
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.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Radical Transparency. 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\u2019s first example of this is British Columbia\u2019s 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 hybrid nonprofit\/for-profit model. According to Marjorie Brans, Co-Managing Director of the School for Social Entrepreneurs Ontario, it\u2019s more common for companies to forgo this formality and opt to be included in directories for social businesses such as Buy Social Canada\u2

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