New asset class · In development

Regenerative Equity — a share structure that structurally undoes damage

A share-like instrument, applicable to any for-profit company, that turns profit distribution from an extractive into a regenerative act — not as a policy layer, but inside the share structure itself.

2/3
of profit structurally to regeneration
50/50
time and capital co-equal
0
speculative upside
Regenerative equity
The problem

Conventional equity is an engine of extraction

Three structural defaults drive this — and no ESG badge, B-Corp certification or mission statement removes them, because they sit in the share structure itself.

Default 1

Unbounded personal upside

Shareholders can capture an unlimited multiple of their contribution. Past a certain point this improves no real quality of life — it just concentrates wealth and pushes for more growth.

Default 2

Ownership decoupled from stewardship

Voting power follows share count, not responsibility carried. Those most exposed to the impact — employees, communities, ecological partners — have no seat on the cap table.

Default 3

Dividends only flow to capital

Time, attention and care are treated as labour cost. Only money earns a claim on surplus — encoding the primacy of capital into the company's DNA.

Our solution

Replace the three defaults — at the level of the share structure itself

  • Personal upside cappedat a dignified life (Good Life Budget).
  • Ownership = stewardshipdividend rights are earned through awareness and care, not just contribution.
  • Time and capital as equals50/50 split, with partner organisations on the cap table.
  • Surplus = regenerationprofit above the aggregate GLB flows by design into mission, ecosystem and partners.
How it works · 1

Four shareholder categories

Each category carries board representation — no single kind of contribution can capture the company alone.

Category 1

Mission Steward

Board seats: 2

Representatives of a mission-anchoring entity (foundation, perpetual-purpose trust, golden share) that guarantees the purpose cannot be diluted or sold.

Category 2

Time Contributor

Board seats: up to 2

Individuals who contribute time and effort — valued by the LETS principle: an hour is an hour.

Category 3

Capital Contributor

Board seats: up to 2

Individuals who contribute financially — including ecosystem contributions made as a client or partner before incorporation.

Category 4

Regenerative Partner

Board seats: 0–2

Partner organisations (Nodes of Change) in active regenerative collaboration with the company.

How it works · 2

Four conditions to unlock dividend rights

Time and Capital Contributors only earn the right to a Good Life Dividend once all four conditions are met.

1

Awareness of the challenges

2 awareness workshops on the structural dynamics (economic, ecological, social) the mission responds to.

2

Understanding of root causes

A foundational training in systems thinking, so you can locate the company's work in the wider system.

3

Personal Good Life Budget

Each shareholder sets their own GLB through a structured budgeting method, capped at the dignified-living formula.

4

Income logged transparently

Income from all sources is tracked on a shared platform, so the mechanism can compute each person's GLB-respecting share.

Good Life Budget = 60% of median income × Cultural Justice Coefficient

The coefficient is calibrated per jurisdiction — e.g. factor 7 in Belgium and the Netherlands — capping personal dividend take at a dignified living budget.

How it works · 3

Worked example: €900,000 profit, two thirds becomes regenerative

Of €900,000, €300,000 flows to individuals — and no further, because every contributor's dignified-life cap is respected. The remaining €600,000 flows back into regeneration: mission, R&D, ecosystem projects and partner credits.

€ 300k
to individuals — capped at GLB
€ 600k
back into regeneration

Numbers are illustrative. The same arithmetic applies for any year and any profit size: once personal caps are met, the marginal euro becomes regenerative by construction.

Visualisation of the €900,000 profit distribution

Systemic impact

Five directly observable effects the model produces — not a softer version of equity, but a different asset class.

Wealth concentration structurally bounded

The GLB cap means no shareholder, however much time or capital they brought, can capture more than a dignified life from this company.

Surplus is automatically regenerative

Every euro of profit beyond enough can only travel outward — into mission, ecosystem and partners. Externalities become internal beneficiaries.

Time and capital are co-equal

The 50/50 split between categories 2 and 3, plus stewardship preconditions, ends the structural primacy of capital.

Speculation is engineered out

Book-value buy-back, capped GLB and expiring partner credits remove every channel through which the asset could be priced as future scarcity.

The ecosystem sits on the cap table

Through Nodes of Change, the Regenerative Projects Fund and the Mission & R&D Reserve, the partner network becomes a structural beneficiary of success.

Category 4 · Nodes of Change

Regenerative Partner Credits — carrying regeneration outward

A third destination for GLB-overflow surplus is a credit pool for partner organisations. Credits live in local currency or a dedicated token system, and can only be spent on ecosystem products that accelerate regeneration.

  • 50% split equally per partner.
  • 50% pro rata on revenue spent within the ecosystem.
  • Credits expire after one year — no speculative accumulation.
Status · In development

Legal framework ready by summer 2026

The Regenerative Equity model is currently being designed by Impact Advocaten — a legal practice specialised in mission-anchored and stakeholder-governed company structures.

A finalised legal package — articles of association, shareholder agreement and governance by-laws — is expected by summer 2026. After that, any for-profit organisation can adopt the model.

Want to build your company on Regenerative Equity?

Drop your details — we'll contact you the moment the legal framework is operational, and keep you posted on progress in the meantime.

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Frequently asked questions

Happonomy builds a regenerative economy that restores social and ecological damage. We support individuals, organizations and communities in creating sustainable value.

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