From c6089b0aaad62f973dc6c1449a2721fab029e6d9 Mon Sep 17 00:00:00 2001 From: Luke Kenneth Casson Leighton Date: Tue, 16 Jul 2019 16:40:21 +0100 Subject: [PATCH] replace "Benefit Corporation" with "Social Purpose" Corporation --- updates/019_2019jul16_purism_donation.mdwn | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/updates/019_2019jul16_purism_donation.mdwn b/updates/019_2019jul16_purism_donation.mdwn index 9c04332..1c58d83 100644 --- a/updates/019_2019jul16_purism_donation.mdwn +++ b/updates/019_2019jul16_purism_donation.mdwn @@ -5,7 +5,7 @@ We are delighted to be able to announce additional sponsorship by # Purism Sponsorship -As a Benefit Corporation, Purism is empowered to balance ethics, social +As a Social Purpose Corporation, Purism is empowered to balance ethics, social enterprise and profitable business. I am delighted that they chose to fund the Libre RISC-V hybrid CPU/GPU through the NLNet Foundation. Their donation provides us some extra flexibility in how we reach the goal of @@ -35,7 +35,7 @@ respect and gratitude. However, just as NLNet recognise, Purism also appreciate that we cannot stop at just the software. Profit maximising Corporations just do not take the brave decisions that can compromise profits, particularly when -faced with competition: it's too much. This is why being a Benefit +faced with competition: it's too much. This is why being a Social Purpose Corporation is so critically important. Socially-responsible decisions do not get undermined by profit-maximisation. -- 2.30.2