Benefit corporations are a new class of corporation that 1) creates a material positive impact on society and the environment; 2) expands fiduciary duty to require consideration of non-financial interests when making decisions; and 3) reports on its overall social and environmental performance using recognized third party standards.
The Flyways, Inc. creates a material positive impact by returning a high percentage of profits to the storytellers we publish, as well as donating 25% of all story profits to social justice causes around the globe. Our company philosophy supports empowering citizens, encouraging local innovation, economic growth and investment, and getting the best from public/private collaborations.
We are a collaborative story publishing company. We believe in putting the story and the storyteller at the center of our work, while supporting social justice causes through our business structure.
We use B Lab’s GIIRS Ratings and Analytics platform as a third party certification, and report our annual activities through B Lab’s “B Corp Community”.