1. A “B Corporation” is Not a New Corporate Form
A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking.
1. A “B Corporation” is Not a New Corporate Form A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking. ...›
MoFo Impact’s Benjamin T.R. Fox will speak on “New Approaches to Aggregating Capital into the Impact Investing Space” at the annual Legal Issues in Social Entrepreneurship and Impact Investing conference, organized by NYU’s Grunin Center and the Impact Investing Legal Working Group. The session will cover the necessary legal and regulatory considerations related to help ...›
The Global Impact Investing Network launched IRIS+, a new tool for investors to measure, manage, and optimize the impact of their investments. The tool allows investors to identify evidence-based metrics relevant to impact goals and offers practical guidance on refining their investment strategies. Oklahoma became the 36th state to pass benefit corporation legislation, which goes ...›
Co-chair of MoFo’s Social Enterprise & Impact Investing Group, Suz Mac Cormac, will present on “The New Generation of Impact for Corporates” at the 2019 GSAM Bay Area Women in Treasury Event on May 15, 2019. She will discuss new corporate forms, methods to create impact, and enterprise risk management and sustainability. See more information ...›
On May 15, MoFo Impact will host a session of “Canadians Doing Good” at MoFo Palo Alto. The session, organized by nonprofit Digital Moose Lounge, will gather Canadian and Canada-friendly experts in the growing impact investment sector to discuss current trends and challenges, and share tips and insights from the field. MoFo Impact partner and ...›
MoFo Impact partner Alfredo Silva spoke at SXSW 2019 on “Mainstreaming Impact Investing” with impact investors from Omidyar Network, DBL Partners, and Goldman Sachs Asset Management. The panel explored what impact means to a variety of investors and described how fund structures, financing instruments, and corporate form can help advance environmental, social, and governance goals ...›
The difference between reaching and failing to meet financial goals during an impact investment can come down to the details behind how the funds are formed, according to Morrison & Foerster partner Susan H. Mac Cormac in the Law360 article “How To Make The Most Of Impact Fund Formation.” “People really need to be thoughtful when advising ...›
Suz Mac Cormac, chair of Morrison & Foerster LLP’s Social Enterprise + Impact Investing group, was extensively quoted in the Law360 impact investing article, “What To Know About PE’s Penchant for Impact Investing.” Impact investing has been around for quite a while, but the private equity industry’s involvement is a relatively new development. Normally focused ...›
The recently enacted Tax Cuts and Jobs Act provided for a new set of provisions designed to incentivize long-term investment in certain low-income areas nominated by states and designated by the Treasury Department (Opportunity Zones, currently listed here). These new provisions have generated significant excitement and buzz from impact investors and traditional investors alike, but ...›
Delaware Companies: Apply for your Sustainability Certificate starting October 1 As of October 1, 2018, Delaware entities can begin applying for the state’s new voluntary Certificate of Adoption of Transparency and Sustainability Standards through the Secretary of State, passed in June 2018.[1] The innovative reporting program allows Delaware corporations, partnerships, limited liability companies, and statutory ...›
Morrison & Foerster LLP is proud to be one of the nine law firms launching Lawyers for a Sustainable Economy, a groundbreaking, first-of-its-kind initiative to advance sustainability around the world. As a lead founding firm, MoFo has committed to providing free legal services worth at least $2 million by 2020 to entrepreneurs and community-based nonprofits taking ...›