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CSR Press Release

Sacramento Coworking Company Announces Benefit Corporation Status

Elected officials and regional leaders to speak at B Corp mixer, Sat, Dec 14, 4 PM

Submitted by: Capsity

Categories: Corporate Social Responsibility, Business Ethics

Posted: Dec 13, 2013 – 05:17 PM EST


SACRAMENTO, Calif., Dec. 13 /CSRwire/ - Founded by Jeff Louie in 1998, holistic coworking firm Capsity has recently secured designation as a Benefit Corporation and will be celebrating this milestone at a Benefit Corporation Mixer on December 14, 2013.

With the passage of AB 361 last year, companies are empowered to consider non-financial factors in their business practices without fear of shareholder legal resistance. Benefit corporations can now pursue socially-driven business agendas with greater accountability and transparency through third-party standardization.

Louie, a recent recipient of Sacramento Business Journal’s 40 Under 40 award, initially began Capsity as a way to provide shared resources for emerging business professionals. The Capsity Community now includes a variety of social service agencies, creative professionals, consulting groups, and commercial enterprises, and encourages holistic, socially and environmentally sustainable goals.

Shelly Alcorn, board chair of Sacramento-based Benefit Corporation Standards Institute (BCSI) acknowledges this designation. "We applaud Capsity on their successful incorporation as a California benefit corporation. We believe that Capsity is among the first local businesses committed to making significant efforts to promote social, environmental and economic benefit."

Capsity, BCSI, and certified benefit corporation coffee distributers Pachamama are hosting a Benefit Corporation Mixer in Sacramento, CA on December 14, 2013.

Attendees will be introduced to the B-Corp model and will hear from leaders of the socially responsible business movement. Special guest speakers include California Assemblymember Roger Dickinson , City of Sacramento Councilmember Steve Hansen , as well as Mike Hannigan , founder of Give Something Back , Thaleon Tremain , founder of Pachamama Coop, and Shelly Alcorn of BCSI.

WHAT: Benefit Corporation Mixer

WHEN: Saturday, December 14, 2013, 4:00 PM – 7:00 PM

WHERE: 919 20th Street, Sacramento, CA 95811

COST: Free. Light refreshments and beverages served.

For additional event and company information, contact Capsity at (916) 426-6008, tour@capsity.com or visit 2572 21st Street, Sacramento, CA 95818.

About Capsity
Capsity accelerates business development through holistic working environments. Amenities for Community Partners include secure WiFi, coffee/tea and snacks, kitchen, conference room, private room, meditation room, sunlit lounge and reading area, ample whiteboard spaces, and a curated Art Gallery. www.capsity.com

About BCSI
Benefit Corporation Standards Institute is based in Sacramento, CA and provides a collaborative platform to create and adopt public standards that promote a thriving and sustainable future for the planet and humanity. www.bcorpinstitute.org

For more information, please contact:

Jason Jong COO, Culture Officer
Phone: 916-776-6036
Jeff Louie CEO, Community Activator
Phone: 916-776-6006
Phone 2: 916-585-3004
Twitter: @CapsityJeff


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