Andrew Weaver, MLA for Oak Bay-Gordon Head and Leader of the BC Green Party. (Keri Coles/Oak Bay News)

Andrew Weaver proposes bill to promote socially, environmentally friendly business

B.C. Green Party Leader said B.C. could be first province to offer new option

B.C. Green Party Leader Andrew Weaver says he plans to introduce legislation to give socially sustainable companies another option when incorporating.

Following a discussion with business owners in Vancouver on Wednesday, Weaver said he’ll table a bill that will allow businesses that meet certain social and environmental guidelines to incorporate and be known as as a “benefit company.”

Weaver said the government needs to do more to support businesses that carry a triple bottom line: people, profit and planet.

“Companies that pursue a triple bottom line are on the cutting edge of rethinking the role of business in the 21st century,” he said. “They know that acting in the best interests of people and the planet is the best way to build a thriving economy for the long-term.”

If passed, B.C. would become the first province in the country to offer this option. In the U.S., 33 states offer it already.

In B.C., companies can currently incorporate as a limited, unlimited liability or community contribution company.

Weaver is proposing that the province amend the Business Corporations Act to include the option for businesses, as long as they meet guidelines around transparency and public messaging that shares a focus on environmental and social sustainability.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Inquest scheduled into woman’s death while in Chilliwack police custody

BC Coroners Service has scheduled a public inquest into the death of Charlene Teresa Sakamoto

Take-home naloxone may be replacing 911 calls in parts of Lower Mainland

Naloxone kits handed out up 29% over 2017, ambulance calls and emergency visits down 22-24%, deaths hold steady

Mt. Hicks fire 15% contained, continues to burn north of Agassiz

The fire, suspected to be caused by a vehicle with a flat tire, not threatening any structures

UPDATE: Anonymous tip leads DFO night patrol to Fraser River poachers

Charges pending after poachers arrested at night while fishing, 48 sockeye, harbour seal seized

Wildfire update: Fires burning in Fraser Canyon, Highway 7 and Skagit Valley

Several fires in the region are under ‘modified response’ meaning no firefighters are attending

Happy birthday Boler: An anniversary gathering of the cutest campers in Winnipeg

Hundreds of the unique trailers in Winnipeg to celebrate the 50th anniversary of the Manitoba invention

UPDATED: B.C. matching Red Cross donations for victims of wildfires

Donations being taken by many organizations, BC Hydro waiving bills

VIDEO: ERT called to Port Moody home for distraught man with a gun

Officers negotiated with man for about four hours before he was arrested and taken to hospital

Woodpecker goes out with a bang, starts grassfire in B.C. city

Untimely death of woodpecker causes power outage in Cawston

Communities on evacuation alert in many areas of B.C. as wildfires flare

Warning was issued for 583-square-kilometre blaze that has charred Fraser Lake to Fort St. James

UPDATE: Kelowna’s crying judge refuses to pull herself from case

Judge Monica McParland won’t pull herself off of case.

Lower Mainland graduation marks expansion of PTSD service dog program

Vancouver Island Compassion Dogs and B.C. and Alberta Guide Dogs Society merging to help more veterans

Complaint coming about cattle prod use at B.C. rodeo

Fair reps investigate after Vancouver Humane Society pics show shocking device at bullriding event

Most Read