LEXINGTON, Ky., March 07, 2017 Kentucky entrepreneur Nate Morris, the founder, chairman and CEO of Rubicon Global, today commended the Kentucky General Assembly for passing House Bill 35, legislation that will allow for the creation of public benefit corporations companies that have an expanded purpose beyond maximizing share value to explicitly include general ands pecific public benefit.

Kentucky Economic Development Secretary Terry Gill testified in support of the bill in front of the Senate Agriculture Committee.

We built a company that uses technology to disrupt the global waste and recycling industry and take on entrenched incumbents. Rubicon has reduced costs and boosted recycling opportunities for local governments, Fortune 500 companies, small and medium businesses and residential customers. That’s the spirit of benefit corporations.”

Morris has been a vocal advocate for benefit corporations.

In 2013, Morris worked with the leadership of companies including Warby Parker, Prudential Financial, Patagonia and Ben & Jerry’s to pass a benefit corporation law in Delaware.

Morris has supported the idea across the country; states surrounding Kentucky, including West Virginia, Tennessee and Indiana, have all passed laws allowing for benefit corporations.

Rubicon is a certified B Corporation, a private certification issued to for-profit companies by B Lab, a global non-profit organization.