New law would place the tenets of socially responsible business at the heart of Illinois companies that want to make a difference.

Last week the Illinois Senate passed legislation that would make our fine state the eighth in the nation to enact legislation that makes the Benefit Corporation (B Corp) a legally recognized entity. If the bill also passes in the House—which is scheduled to vote in May—this could be great news for Illinois companies that want to build business while still maintaining a commitment to being socially responsible.

Last week, Mightybytes officially joined the ranks of the B Corp community, alongside the likes of GoodGuide, Method, Change.org and 428 other like-minded corporations in the United States.

We were tossing around the idea of becoming a Benefits Corporation (B Corps) for the better part of a year and after talking to Nancy Goldstein from Compass X Strategy about how easy the process was for her company we decided the time was right to take the B Corp plunge.