B Companies Brazil
Suggested language
If it is a corporation
The Company’s purpose is: The exercise of activities related to the Company’s corporate purpose must consider:
• The short and long-term interests of the Company and its shareholders; and
• The short and long-term economic, social, environmental, and legal effects of the Company’s operations in relation to active employees, suppliers, consumers and other creditors of the Company [and its subsidiaries], as well as in relation to the community in which it operates operates locally and globally.
If it is a limited liability company
The Company’s purpose is to: [include a list of core activities of the company]. The exercise of activities related to the Company’s corporate purpose shall consider:
• The short and long term interests of the Company and its partners; and
• The short and long-term economic, social, environmental, and legal effects of the Company’s operations in relation to the Company’s active employees, suppliers, consumers and other creditors [and its subsidiaries], as well as in the community in which it operates operates locally and globally.
EIRELI
The Company’s purpose is to: [include a list of core activities of the company]. The exercise of activities related to the object of the Company must consider:
• The short and long term interests of the Company and its holder; and
• The short and long-term economic, social, environmental, and legal effects of the Company’s operations in relation to the Company’s active employees, suppliers, consumers and other creditors, as well as in the community in which it operates locally and globally.
If a corporation
In performing their duties, the Company’s management must consider the Company’s best interest, including the interests, expectations, and the short and long-term effects of their actions on the following actors related to the Company [and its subsidiaries]:
• the shareholders;
• active employees;
• suppliers, consumers and other creditors;
• the community and the local and global environment.
If it is a limited liability company
In carrying out their duties, the Company’s management shall consider the Company’s best interest, including the interests, expectations, and the short and long-term effects of its actions on the following actors related to the Company [and its subsidiaries]:
• the partners;
• active employees;
• suppliers, consumers and other creditors;
• the community and the local and global environment.
EIRELI
In carrying out his duties, the Company’s administrator must consider the Company’s best interest, including the interests, expectations, and the short and long-term effects of his actions on the following actors related to the Company:
• The holder of the Company;
• active employees;
• suppliers, consumers and other creditors;
the community and the local and global environment.
