NewswireToday - /newswire/ -
Palo Alto, CA, United States, 2011/06/28 - Bloomberg Businessweek recognizes sustainable Silicon Valley certified B Corporation, World Centric, for its commitment to social and environmental responsibility - WorldCentric.org.
World Centric, a leading supplier of foodservice and retail compostable products, has been named among the top social entrepreneurs of 2011 by Bloomberg Businessweek. Since its inception in 2004 as a non-profit and now as a for-profit since 2009, World Centric remains committed to reducing environmental impact to the planet and offers consumers a more responsible choice in place of traditional plastics and Styrofoam™. World Centric, which will celebrate its most successful year to date, is happy to be recognized nationally as a social enterprise that is more concerned with doing good rather than just profits.
World Centric, uses agricultural waste byproducts to make products, donates 25% of its profits to nonprofit grassroots organizations focused on social or environmental change, offsets all carbon emissions from raw materials to delivery and offers discounts to schools and nonprofits. They also provide compostable school trays at cost to any school or organization wishing to reduce their consumption of traditional plastics and Styrofoam™.
“We believe businesses can play an integral and critical role in providing solutions to today's critical issues, and are proud to be acknowledged as one of the top social enterprises in 2011” said Aseem Das, CEO and Founder of World Centric.
World Centric is also a certified B Corporation. To earn certification, B Corporations meet rigorous standards of social and environmental performance, transparency, and accountability. B Corporations are companies which use the power of business to solve social and environmental problems. A total of nine Certified B Corporations have been named by Bloomberg’s Businessweek as ‘America’s Most Promising Social Entrepreneurs’ of 2011.
Aseem Das, CEO and Founder of World Centric noted,“We became a B Corp to be part of the collective voice of companies that are about integrity, responsibility, sustainability and doing good in the world instead of being just about profits. We are happy to be recognized by Bloomberg Businessweek and are honored to join many of our fellow B Corporations on the list.”
The full list of America’s Most Promising Entrepreneurs of 2011 can be found on Bloomberg Businessweek's website.
About B Lab
B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems. B Lab drives systemic change through three interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and just good marketing; 2) accelerating the growth of the impact investing through use of B Lab’s GIIRS impact rating system; and 3) promoting supportive public policies, including legislation creating Benefit Corporations in all fifty states.
B Corps Named in 2011
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About World Centric
World Centric (worldcentric.org) manufactures certified compostable products that are made from discarded sugarcane and wheat straw fiber and other annually renewable resources like corn. They are non-toxic, non-polluting, take less energy to produce and when composted, make nutrient rich soil. They donate 25% of their profits to grassroots social and environmental organizations, offset all their carbon emissions from raw materials to final delivery, give discounts to schools and non-profits, and continuously try to make a difference for the better.