ZymoChem is Now a Public Benefit Corporation

Source: ZymoChem Press Release

ZymoChem, the biotech company with operations in Burlington, Vermont announced its newly ratified designation as a Public Benefit Corporation (PBC). By proactively amending its incorporation documents, ZymoChem formalizes its commitment to balancing profitability with social impact. ZymoChem is dedicated to creating sustainable materials for everyday products.

What is a Public Benefit Corporation?

Most companies in the United States follow language stemming from their initial incorporating bylaws to generate profits and create value for their shareholders. Given this implicit language, a company’s directors and executives are legally obligated to prioritize profitability above all else. 

Conversely, a PBC is a type of for-profit corporate entity that commits to making a positive impact on society, its workers, and/or the environment. PBCs remain for-profit entities that create value for their internal shareholders, while also providing a benefit to a broader set of stakeholders. 

This designation allows businesses and those leading them to consider both profits and their social mission when making critical decisions. 

What is ZymoChem’s Public Benefit?

ZymoChem is accelerating the transition to a real-zero economy, a marketplace that eliminates carbon emissions from the value chain, rather than relying on carbon credits or offsets.   

With renewable feedstocks and technologies like ZymoChem’s patented Carbon Conserving microbes, the company is catalyzing that real-zero economy with drop-in, bio-based solutions for everyday products. 

ZymoChem’s public benefit is now crystallized within its incorporation documents. It states that the Corporation’s specific public benefits are to: Improve the environmental impacts of product manufacturing, and thus have a positive effect on human and planetary health. 

Having its mission intertwined within its incorporation documents aligns well with a core value of ZymoChem, which is to Scale Sustainably. Through its pragmatic approach to business development and as a steward of a greener future, ZymoChem seeks sustained growth in a thoughtful, repeatable, and productive way. 

“ZymoChem is intent on solving some of the world’s biggest environmental challenges using the efficiency of biomanufacturing and by creating materials fit for the 21st Century,” said Joe Giallanella, General Manager of Branded Products at ZymoChem.  “It is only fitting for us to demonstrate this commitment to all of our stakeholders with our designation as a Public Benefit Corporation.” 

For more information about ZymoChem and its innovative bio-based materials, please visit www.zymochem.com.