HRS §420D-1
Socially responsible business option
This law lets a business corporation choose a special status and follow a code of conduct to operate in a socially and environmentally sustainable way. The law does not use government oversight to enforce these responsibilities. Instead, it relies on new transparency and accountability rules.
businesses
The statute, as written — Purpose and findings
This chapter authorizes a designation and code of conduct for a business corporation to offer entrepreneurs and investors the option to build and invest in businesses that operate in a socially and environmentally sustainable manner. Enforcement of those responsibilities comes not from governmental oversight, but rather from new provisions on transparency and accountability included in this chapter.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.