Also called: Fair trade, Triple Bottom Line
See also: Robin Hood
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How: Implement a triple bottom line to maximize social, environmental, and financial efficiency.
Why: Positive environmental and societal footprints of a business are becoming an increasingly important selling point.
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- Can your focus on a good social and environmental footprint help your brand and marketing?
- How can you ensure that both your company and your suppliers adhere to Blended Value standards?
The outdoor gear & clothing company focuses on economic return while minimizing its negative impact on the environment.
Source: Patagonia - How we fund
Coffee producers use its logo to testify that farmers and their cooperatives have been paid fairly, and to increase brand value by doing so.
Better World Books
A social enterprise that sells used books, with a portion of the profits going towards literacy programs. Founded by college friends in Indiana, the company has expanded significantly, raising millions for literacy programs and keeping many used books out of landfills. It has also created hundreds of jobs and enabled millions of readers to affordably purchase used books. Better World Books is a certified B Corporation.
Source: Better World Books
Produces Fair Trade, Shade Grown, and Organic coffee beans. Its facilities rely on solar power systems, passive solar heating, and rainwater harvesting, and it composts waste. At least one of its vehicles runs on bio-diesel or used vegetable oil, and the company is a certified B Corporation.
Source: Larry's Beans
A Colorado-based (USA) employee-owned cooperative that has installed over 2,700 solar power systems with a total capacity of 25 MW. It is a conscientious business that strives to make positive contributions to society and the environment, and is a certified B Corporation.
Source: Namaste Solar
- Blended Value by Wikipedia
- Triple bottom line by Wikipedia
- 10 Triple Bottom Line Businesses by Jake Richardson