A new law affecting Massachusetts corporations has been proposed to require corporations to be more than money-makers:

The Code for Corporate Citizenship (the “Code”) would amend Section 8,30 (a)(3) of the Massachusetts Business Corporations Act which now requires corporate directors only to act “in a manner the director reasonably believes to be in the best interests of the corporation.” The Code will change this duty to add 28 words, “but not at the expense of the environment, human rights, public health and safety, dignity of employees and the welfare of the communities in which the coproration operates.”