SPCs are for-profit corporations in Washington state that balance social responsibility with good business.
What is the impact of business in Washington state?
Corporations can conduct business based on strong values and community impact while still keeping our economy strong. And as responsible citizens, we can demand that our corporations do good while doing well and we can make sure they hold true to those promises.
Washington state’s Social Purpose Corporation (SPC) is a step in that direction. As an SPC, your company has legal means to maximize financial returns while providing a positive impact on employees, community and/or the environment.
All business—from startups to global corporations—should succeed while benefitting the communities we share. It’s up to us to demand that corporations live up to that shared purpose and for us all to be responsible good citizens.