xHgGrtG-show-poster2x3-aXpIxNN.png

Artbound

Start watching
Tending Nature show poster

Tending Nature

Start watching
IYhnPQZ-show-poster2x3-Ytk6YwX.png

Southland Sessions

Start watching
RYQ2PZQ-show-poster2x3-OGargou.jpg

Earth Focus

Start watching
5LQmQJY-show-poster2x3-MRWBpAK.jpg

Reporter Roundup

Start watching
E5VnHdZ-show-poster2x3-PrXshoo.png

City Rising

Start watching
QraE2nW-show-poster2x3-uY3aHve.jpg

Lost LA

Start watching
Member
Your donation supports our high-quality, inspiring and commercial-free programming.
Support Icon
Learn about the many ways to support KCET.
Support Icon
Contact our Leadership, Advancement and Special Events teams.

18 Companies Register as Benefit Corporations Under New California Law

Solar panels shade cars in the parking lot of Patagonia's corporate headquarters in Ventura, Calif.
Solar panels shade cars in the parking lot of Patagonia's corporate headquarters in Ventura, Calif.

Ventura-based Patagonia this week was the first to register as a Benefit Corporation under a new 2012 California law. Alex Goldmark at GOOD nicely described the scene on Tuesday: "When the California Secretary of State's office opened its doors this morning, there stood a band of smiling millionaires..."

Goldmark explained that "A company that files as a Benefit Corporation, as opposed to an LLC, C Corp, or other existing type of company, must consider the impact of business decisions on the environment, employees, and the community as well as the financial return to shareholders."

Patagonia CEO Yvon Chouinard told the Ventura County Star that the law is "going to separate out the green washers."

In all, 18 companies registered.

As explained by the LA Times, "California corporate law historically mandated that the interests of shareholders be paramount to those of all other parties in all circumstances," but this law will legally shield corporate officers from shareholder lawsuits "who contend that company's environmental or social policies diluted the value of their stock."

"This is California at its best, showing there is a way to create jobs and grow the economy while raising the bar for social and environmental responsibility," said Assemblymember Jared Huffman, who introduced the legislation in a press release.

Photo by nicolas.boullosa, used under a Creative Commons License.

Support Provided By
Support Provided By
Read More
People pull up in their vehicles for Covid-19 vaccines in the parking lot of The Forum in Inglewood, California on January 19, 2021. | FREDERIC J. BROWN/AFP via Getty Images

L.A. County Expands COVID Vaccines to Residents 65 And Older

L.A. County began scheduling COVID-19 vaccination appointments for those aged 65 and older today, but limited supplies and uncertainty about future allocations has left the inoculation effort shrouded in doubt.
Bill Kobin - hero image

Public Media and KCET Legend Bill Kobin Dies at 91

William H. “Bill” Kobin, a public media icon who helped build PBS flagship station KCET into a Los Angeles powerhouse, airing news programs like the acclaimed “Life & Times” and helping to launch Huell Howser’s career, has died.
Pupils listen to school lessons broadcast over a solar radio in Dalu village, Tana River County, Kenya, November 28, 2020. | Thomson Reuters Foundation/Benson Rioba

With Schools Shut by Pandemic, Solar Radios Keep Kenyan Children Learning

Solar-powered radios have been distributed to the poorest homes that lack electricity access, with lessons broadcast daily during the COVID-19 crisis — and perhaps beyond.