Being a B Corp also Benefits Green Mountain Power’s Bottom Line

Date: 26 Jun 2018 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

Conventional wisdom suggests that concerns about social and environmental impacts, though well-intended, can distract from a public company’s legal obligation to reward shareholders. But if this conventional wisdom were true, Vermont’s Green Mountain Power ought to be lagging behind its investor-owned electric utility peers. Instead, this certified B Corp is promoting people, planet, and profit, and jumping ahead of its utility industry peers. … Read More

What if…Your Electric Utility Was a Benefit Corporation?

Date: 21 Jul 2016 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

The misunderstandings that from time to time occur between communities and the managers of electric-lighting companies will, to my mind, disappear entirely if the relations between the two are correctly founded on the basis of public control, with corresponding protection to the corporations operating this industry. More than 100 years ago, standing in front of a … Read More