As of March 26, we're $27,100 in the red for the quarter. Donate here to support this vital work
Subscribe here and join over 13,000 subscribers to our free weekly newsletter

Danone's North America business hits key social, environmental milestone
Key Excerpts from Article on Website of CNBC News


CNBC News, April 12, 2018
Posted: April 16th, 2018
https://www.cnbc.com/2018/04/12/danones-north-america-busine...

DanoneWave has renamed itself and says it has been certified as a B Corporation. It is now called Danone North America. To be designated a B Corp, a for-profit company must pass a set of standards regarding its social and environmental performance and change its legal structure to become a public benefit company. Danone sought to achieve this certification by 2020, but it came out two years ahead of schedule. While some stakeholders may worry that big changes to become more environmentally friendly will increase costs, Danone North America's larger suppliers have seen the opposite happen. Dairy is one the company's main ingredients and its production can be harmful to the environment due to water usage and waste. The company's largest manufacturing facility has cut its usage. While the initial research involved in reducing water usage was costly, one of the owners of the facility has already seen a huge reduction in costs. Faber said that up to 250,000 gallons of water can be saved per day due to ... new technology. Danone North America sustainable development manager Catherine Queen [said] that there has been a movement to bring the sustainability effort to global suppliers. Global suppliers have been encouraged to move toward more plant-based packaging and pay their workers living wages. Sustainable manufacturing can lower costs significantly and create more room in budgets to increase wages. Costs on the higher executive level have also been cut.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Top Inspiring News Articles


Top Inspiring News Articles from Years Past