Our Benefit Is Part of Our Bylaws    

When OGC transitioned to Trust Ownership, we also became a Benefit Company. An Oregon Benefit Company is a distinct type of incorporation structure that dictates that businesses consider their societal and environmental impacts rather than solely focusing on profits during the decision-making process. Benefit Companies differ from traditional corporations and LLCs in terms of their purpose, accountability and transparency.    

How is this different from B Corp certification?    

A Benefit Company is a legal structure that embeds stakeholder-focused governance into a business’ DNA, ensuring the company considers its impact on all its partners.    

In contrast, a Certified B Corp or "B Corp" is a third-party certification, like LEED certification, that the nonprofit B Lab awards to any eligible company that meets their standards and pays the applicable membership fee.      

We love the B Corp movement and businesses certified by B Lab. But as a Purpose Trust owned benefit company, OGC's dedication to purpose and making a positive impact goes a step deeper. We’ve engrained a quadruple bottom line approach (people, planet, purpose, profits) into our articles of incorporation as a Benefit Company. We assess our actions using the third-party scoring standard established by B Lab and provide a public report on our progress in an annual Benefit Report.