Filipino social enterprise recognized as “best for the world”


The Hope in a Bottle water brand is recognized for its corporate social responsibility efforts, which go beyond mere profits. CONTRIBUTED PHOTO

GENERATION Hope Inc. (HOPE), the pioneering social enterprise and makers of the bottled water brand, Hope in a Bottle, and the first certified B Corp in the Philippines, was recently recognized as Best for the World B Corp .

This recognition is administered by B Lab, the global nonprofit organization that certifies and mobilizes certified B Corps, and awarded to organizations in the top 5 B Corps in its size group around the world for its sustainable business practices. . B Corp stands for performance excellence beyond mere profit.

HOPE became the first Filipino company to be recognized as a Certified B Corp in 2017 and continues to put social impact at the forefront. One hundred percent of the profits generated from the sale of HOPE’s products are spent on building classrooms in public schools, primarily in geographically isolated, disadvantaged and conflict-affected areas in the Philippines. The company also offers agricultural interventions and creates carbon sequestration projects for smallholder farmers in Mindanao. The founder and president of HOPE is Nanette Medved-Po.

This year’s Best for the World companies operate at the top of their category, excelling in creating a positive impact for their stakeholders, including their workers, communities, customers and the environment. “We are proud of the community of stakeholder-driven businesses that we have cultivated over the past 15 years. Together, we are moving towards our collective vision of an inclusive, equitable and regenerative economic system for all people and the planet, ”said Juan Pablo Larenas, Executive Director of B Lab Global.

Source link

Leave A Reply

Your email address will not be published.