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

Free ‘hoops’ fun brings Aldergrove youths together

Aldergrove Basketball Club revives the sport at Aldergrove Secondary

Aldergrove grad students prepare ‘spooktacular’ event

‘Haunted House’ event Oct. 27-28 will benefit Aldergrove Secondary ‘dry grad’

ELECTION: Langley Township council candidate Gary Hee

A Voter’s Guide to key election questions.

ELECTION: Langley Township council candidate Phyllis Heppner

A Voter’s Guide to key election questions.

ELECTION: Langley Township council candidate Jonathan Houweling

A Voter’s Guide to key election questions.

Langley dropped, covered and held for annual earthquake drill

The Great B.C. Shakeout was Thursday morning.

Aldergrove Kodiaks hit rut at home

Aldergrove Junior B hockey team falls 2-4 to White Rock Whalers

Driving with dope: Police talk rules on cannabis in the car

Even though pot is legal, you can’t smoke in the car

B.C. NDP retreats again on empty-home tax for urban areas

Rate reduced for all Canadians, dissident mayors to get annual meeting

B.C. teens fined for possession of pot on legalization day

The pair received $230 fines for smoking pot in public

Trio of Saint Bernard find their ‘forever home’ after story goes viral

Edmonton Humane Society had put out the call to adopt Gasket, Gunther and Goliath

Nurses deliver 24,000 anti-violence postcards to B.C. Health Minister

Nurses delivered thousands of postcards to the front steps of the B.C. legislature, each carrying a message for violence prevention

Openly gay, female priest of B.C. church defying norms

Andrea Brennan serves Fernie at pivotal time in church’s history

Nova Scotia works to stop underage online cannabis sales

The government cannabis retailer moves to prevent workaround of online-age verification

Most Read