Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
In the next few weeks, half a dozen US states are expected to pass legislation that will for the first time protect companies which value their social impact as much as the bottom line. Whether it's buying locally, protecting the environment or launching community projects, the new "benefit corporations" have a common mission - to do well by doing good. "It's becoming a national movement," says Penny Jones-Napier, owner of the Big Bad Woof pet store in Hyattsville, Maryland, the first business in the US to adopt the new benefit corporation designation. "What started with small businesses is moving into the mainstream." As a benefit corporation, Big Bad Woof is protected from legal action if it makes decisions that aren't in the financial interests of its shareholders. The company can support local suppliers for instance, even though that might not be the cheapest option and could reduce the profit margin. Seven states, including New York and California, have already adopted the new business class. These seven states combined produce a third of America's annual economic output, which makes their support for benefit corporations significant.
Note: Many are not aware that corporations legally are not allowed to do make socially responsible choices if those choices don't benefit shareholders. Isn't it time to put more pressure on companies to make socially responsible choices more important than big profits?
