GROVE COLLABORATIVE:

Grove Collaborative Celebrates One-Year Anniversary of Beyond Plastic Initiative

Retrieved on: 
Wednesday, March 31, 2021
Home Goods, Cosmetics, Chemicals, Plastics, Retail, Alternative energy, Energy, Manufacturing, Environment, Other Retail, Supermarket, Specialty, Other Manufacturing, Other Energy, Packaging, Utilities, Dielectrics, Plastic, Articles, Materials, Economy, Plastic pollution

At Grove, our mission is to show that CPG products can be a positive force for human and environmental health, and with Beyond Plastic we are taking a collaborative approach with our industry to address the single-use plastic problem.

Key Points: 
  • At Grove, our mission is to show that CPG products can be a positive force for human and environmental health, and with Beyond Plastic we are taking a collaborative approach with our industry to address the single-use plastic problem.
  • Groves latest Plastic Scorecard shows Beyond Plastic is making significant impact:
    Groves customers have avoided over 4M lbs of plastic being used, by choosing Groves plastic reducing and plastic-free products (versus using conventional, mass market alternatives)
    Grove is leading a collective of CPG companies to innovate out of single-use plastic with its Plastic Working Group:
    In 2020, Grove created a third-party Plastic Working Group for brands to collaborate and work together to solve the plastic problem.
  • In addition, Grove launched a fully plastic-free line of cleaning products engineered to help solve the worlds single-use plastic problem.
  • On a mission to move Beyond Plastic, Grove is the first plastic neutral retailer in the world and is committed to becoming 100% plastic-free by 2025.

Grove Collaborative Becomes a Public Benefit Corporation

Retrieved on: 
Thursday, March 18, 2021
Packaging, Retail, Environment, Home Goods, Manufacturing, Specialty, Articles, Economy, Social economy, Social entrepreneurship, Corporations, Corporate finance, Public relations, Benefit corporation, Stakeholder, Business, Shareholder, Patagonia, Inc.

Grove Collaborative, a leading sustainable consumer packaged goods company that creates innovative natural products and offers a curated selection of healthy home essentials such as cleaning supplies and personal care products, announced today its plans to convert to a Delaware public benefit corporation.

Key Points: 
  • Grove Collaborative, a leading sustainable consumer packaged goods company that creates innovative natural products and offers a curated selection of healthy home essentials such as cleaning supplies and personal care products, announced today its plans to convert to a Delaware public benefit corporation.
  • Beginning on March 31, Grove will join the likes of Patagonia, Kickstarter, Ben & Jerrys, and Lemonade to become a public benefit corporation (PBC).
  • Converting to a public benefit corporation will allow Grove to continue its for-profit strategies while balancing the interests of its shareholders, its public benefit purpose, and the interests of other stakeholders, be it through venture capital fundraises or shifts in leadership.
  • This is the most practical guide to date for companies to adopt the highest form of stakeholder governance: becoming a DE Public Benefit Corporation.