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PIR is abandoning its nonprofit status anyways, to become B corporation instead: https://en.wikipedia.org/wiki/Public_Interest_Registry https://en.wikipedia.org
by cbkeller 7y ago
PIR is abandoning its nonprofit status anyways, to become B corporation instead: https://en.wikipedia.org/wiki/Public_Interest_Registry https://en.wikipedia.org/wiki/Public_Interest_Registry
- jacob-malthouse 7y agoThey are becoming a company, but they haven't committed to become a B Corp. only to "explore" the certification. Like I "explore" using my phone less. ;) Also becoming a B corp is different from getting the certification. the latter is just a reporting standard.
- adrr 7y agoBcorp doesn’t mean much. Add some stuff to the bylaws. Doesn’t mean they actually have to follow them. The Honest Company is a BCorp and still had multiple class actions against it and hundreds of FTC complaints.
- Deimorz 7y agoYou can also just stop being one when it becomes inconvenient. That's what Etsy did.