CarbonFree® Partner Inner Ecology Registers as an Illinois Benefit Corporation
Tuesday, 15 January 2013
To inaugurate the New Year, CarbonFree® Business Partner Inner Ecology™ is proud to become one of the very first Benefit Corporations in the state of Illinois. Founding Director Amanda Kreiss joined thirteen pioneering business leaders to join this newly-established corporate structure to help forge a more sustainable and inclusive economy.
Inner Ecology facilitates the responsible sourcing, assessing, and dispensing of East Asian traditional medicinals of whole plant, mineral and animal origin for the benefit of its customers’ environmental and economic health. Inner Ecology seeks to provide consistent leadership in forging a fresh approach to social entrepreneurship within the field of East Asian Medicine.
Three years ago, Inner Ecology augmented its environmental sustainability commitment by joining the CarbonFree® Business Partnership program in order to neutralize its annual operational carbon emissions and support carbon reduction and clean air projects around the world.
“We relish this singular opportunity to demonstrate publicly the level of our commitment to good stewardship and to be held accountable for the high standards we set”, asserted Amanda Kreiss, the Founding Director of Inner Ecology. “In the longer term, a central aim of our business is to do our part to “green” the profession of East Asian Medicine and support domestic cultivation of our medicinals.”
Benefit Incorporation revives the tradition of corporate charters from an era when states expected and demanded that corporations serve the public good. In Illinois, Benefit Corporations are now legally required to include this material positive impact on society and the environment in their articles of incorporation, and to publicly report annually on overall social and environmental performance in compliance with comprehensive, credible, independent, and transparent third party standards. This offers businesses more freedom in defining success and provides legal protection for those looking to pursue a corporate purpose other than simply maximizing profits.
Carbonfund.org recognizes Inner Ecology’s leadership, both in its ongoing pursuit of environmentally-responsible operations and its new focus on a broader social commitment to fully accountable reporting on all social and environmental performances.