Gone are the days when only nonprofits and social activists talked about social impact. Socially responsible business has become the norm in the 21st century, as everyone from new startups to Fortune 500 companies are improving their corporate social responsibility (CSR).
TOMS is a footwear brand that uses sustainable materials and transparent supply chain practices for its products. Furthermore, their impact extends to equal opportunity and public safety. TOMS donates at least one-third of its earnings to its grant fund.
Microsoft is a frontrunner in leading socially responsible campaigns. They have a giving program that has volunteered over 750,000 hours and raised over $221 million for nonprofits. Additionally, the company has a philanthropist arm that works with nonprofits and governments.
If you wear glasses, you must’ve heard of Warby Parker. However, the company does more than making you look more stylish with their frames. Warby Parker is a B Corp that donates glasses to the needy through their Buy a Pair, Give a Pair program. They also donate their share of profits to nonprofits.
The Grove Collaborative
The Grove is also a certified B Corp that sells personal care and cleaning products. The company uses sage and organic products that help build a healthier plan. They are also a part of the carbon offsetting movement, and they purchase carbon credits for every purchase to offset the impact.
Ben & Jerry’s
If you love ice cream, you probably love Ben & Jerry’s. The company actively participates in a wide range of societal issues, including democracy, racial justice, peace building, refugees, fair trade, GMO labeling, rBGH, LGBTQ equality, and climate action.
Manufacturing a pair of jeans requires a lot of water, which could be a significant environmental concern. Levi Strauss is addressing this issue by committing to reduce the amount of water used in jeans production. They have also introduced new mannequins made from 100% base stock.
In 2020, the LEGO Group announced that they would invest $400 million over the next three years to support their sustainability and social responsibility efforts. LEGO has also aimed to reach over eight million children globally with its learn-to-play movement.
Another giant on the list, Google, is one of the first major enterprises to join carbon neutrality in 2007. By 2017, they also achieved their 100% renewable energy target, making them the largest corporate energy buyer in the world.
Another certified B Corp on the list, Klean Kanteen, is a water bottle company that introduced the first BPA-free, stainless-steel water bottles and food canisters. The company is committed to reducing single-use plastic, and they are also a part of 1% for the Planet.
Apart from being a popular outdoor clothing and gear company, Patagonia is also known for its social impact. The company supports grassroots environmental efforts and has donated at least $20 million. They also donate 1% of their earnings to environmental organizations.
Corporate social responsibility has become a norm in the business landscape, as businesses of all types and sizes are working towards reducing their environmental impact. What steps are you taking to be more socially responsible?