“Governments-Citizens Partnership To Win The Game For Development Depends To A Great Extent On The Backing Of International And Regional Development Organizations, The Society (including corporations and individuals), And The Financial Institutions"
People . Place . Profit
"Berkshire Development Organization is building its operating business model on the three pillars of sustainability for balanced growth of the society and the people, the cities and the communities, and stabilized profitability of operations"
To Our Stakeholders
Berkshire Development Organization is a Public Benefit Corporation (B-Corp) established under the Corporate Law of the finest legal jurisdiction in the world, being in the State of Delaware. State of Delaware 2015 Code, Title 8 – Corporations Chapter 1 of the GENERAL CORPORATION LAW, Subchapter XV Public Benefit Corporations § 362 Public benefit corporation defined as “a for-profit corporation organized under and subject to the requirements of this chapter that is intended to produce a public benefit or public benefits and to operate in a responsible and sustainable manner. To that end, a public benefit corporation shall be managed in a manner that balances the stockholders' pecuniary interests, the best interests of those materially affected by the corporation's conduct, and the public benefit or public benefits identified in its certificate of incorporation. […] "Public benefit" means a positive effect (or reduction of negative effects) on one or more categories of persons, entities, communities or interests (other than stockholders in their capacities as stockholders) including, but not limited to, effects of an artistic, charitable, cultural, economic, educational, environmental, literary, medical, religious, scientific or technological nature. "Public benefit provisions" means the provisions of a certificate of incorporation contemplated by this sub-chapter of the relevant legislation. Berkshire Development Organization certificate of incorporation states that the organization “is collaborate of corporate partners working in the field of sustainable economy and community development through establishing, facilitating, and performing public-private partnership development projects. Berkshire Development’s core mandate is the promotion of economic and social sustainable development through promoting public policies, setting standards and guidelines for sustainable economic development, and mobilizing funds for implementation. By doing so, Berkshire Development could provide the society with additional resources to effect public policy development projects that may lack financial, expertise, or organizational resources to be implemented. In addition, by assisting communities through public private partnership, Berkshire Development activities would eventually lead to job creation and higher living standards for the society. The organization designs its working business model around sustainability principles to guarantee the balanced development of people, place, and profit. The three pillars of sustainability gain equal support from Berkshire Development initiatives with the public sector. Berkshire Development collaborating partners would benefit from its operations through stabilized profitability and larger socioeconomic development impact.”