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ARTICLE · 03 DECEMBER 2025

The Benefit Entities Act 2025 - Bermuda

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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With the introduction of the Benefit Entities Act 2025 (the Benefit Act) Bermuda has taken the important and laudable step of allowing corporations to more easily incorporate environmental, social and governance...

BermudaCorporate/Commercial Law
Keith Robinson
Keith Robinson
Stephanie Bernard
Stephanie Bernard
Laura Kearns
Laura Kearns
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Briefing Summary:

With the introduction of the Benefit Entities Act 2025 (the Benefit Act) Bermuda has taken the important and laudable step of allowing corporations to more easily incorporate environmental, social and governance (often referred to as ESG) factors into certain decisions.

The Benefit Act is a product of industry wide support in Bermuda for evolving views regarding the impacts of corporate governance and the need for sustainability in the company law sector that supports both financial stewardship and a broader purpose. The constitutional documents of a benefit company will contain a clearly stated mission to have a material positive impact on society and the environment while benefitting its shareholders, members, or partners. Benefit company directors and managers will thereby be required to consider the impact of decisions on all stakeholders and be empowered to implement and maintain stated ESG objectives and hold the company to higher

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