Thrive Market Today Unveils B-Corp Certification
The mission-driven online marketplace is the first major national grocer to receive a B-Corp certification in the United States
Thrive Market, member-first, online marketplace offering the highest quality, conscious convenience and value, today announced their B-Corp certification. As the largest online grocer to receive the certification in the United States, Thrive Market is leading the way for the grocery industry as the first major grocer and largest non-GMO food retailer to be B-Corp certified.
Boasting an innovative wholesale process and comprehensive environmental practices that has redesigned traditional ways of conserving natural resources, Thrive Market’s B-Corp certification largely comes as a result of their Zero Waste fulfillment centers effort, new, curated packaging, and their commitment to organic and regenerative organic agriculture. Additionally, their supply chain poverty alleviation efforts were recognized as they recently enacted trade terms, positive labor conditions and support for underserved suppliers to reduce poverty.
“Thrive Market is trying to build a company and an infrastructure that could last 100 years,” says co-founder and CEO Nick Green. “Being a B-Corp enables mission-driven companies like ours to stay mission-driven through capital raises, changes in ownership or leadership by cementing the values and pillars we put in place.”
With a pre-assessment completed in May 2019 leading to an October 2020 verification, the milestone signals to customers, employees and the industry that Thrive Market has met the highest independent standards for social and environmental performance, public transparency, and legal accountability. By demonstrating a commitment that extends beyond shareholders, being a B-Corp certified entity ensures all stakeholders— environment, suppliers and more — are considered when Thrive Market is acting as a force for good — where people and planet are just as important as profit.