Skip to main content

Companies That Are More Than Just Pretty Faces


More than just Starbucks’ addicting drinks, or Unilever’s cleansing soap they are both very focused on socially responsible practices, and they both take great pride in making a positive impact. Both of these companies track and report on what they’re doing to be socially responsible. Starbucks and Unilever are very different companies, but they find their own ways to impact the world for better.


For those of you who don’t know (LOL), Starbucks is coffee shop known for their Pumpkin Spice Lattes (PSL) and their modern experimental drinks. Unilever, on the other hand, controls a variety of brands from a scent teenage boys love to drench themselves in, Axe Body Spray, to the delicious chocolate coated Magnum ice cream bars to Dove Soap, Lipton tea, and many more.


Looking at both of their Sustainable Living or Social Impact tabs these companies have a range of things they are trying to improve.


Here's some fun math to think about:If you haven’t already, go check out my book, Early Bird: The Power of Investing Young. It is available in print form and kindle edition.

You can easily explore their website and find ways that they make an impact, but I’ll go through some. Let’s start with Unilever:


Unilever has a goal by 2020 they will have reached 1 billion people and helped them with their personal hygiene, health, and well being. This is their main purpose as a company. Starting in 1895 a soap called Lifebuoy was created by Lever Brothers. It was the best selling soap in 1923 to the 1950s. The purpose of Lifebuoy is to teach parents around the world the importance of washing their hands before handling a baby, for the first 28 days of the child’s life. Around the world, 6 million children die before the age of 5. With Unilever’s ongoing plan to help these children live longer they have launched many initiatives to do their part in the world.


They have reached a total of 538 million people as of 2016, helping 379 million to have the ability to wash their hands, 55 million now have safe drinking water, 6.2 million have access to bathrooms, 75 million have dental help, and 23 million have been influenced by Dove’s self-esteem program.


As I said, they have a range of consumer staple products and brands, they range anywhere from hygiene to food. With their food brands, they hope to decrease the obesity rate by decreasing their salt and sugar in their food products.


Now, thinking about how they make all their products, they hope to reduce their environmental impact. They will halve their footprint on Earth by 2030. From 2008 to 2016 they emitted 43% less Carbon Dioxide, they’ve used 37% less water, and their total disposal has gone down 96%.


Unilever still makes a larger impact on people. Unilever employees 920,000 women, 46% of their managers are female and one-third of their board members are women, they get resources from 650,000 smallholder farmers, 1.5 million small sourced retailers, they provide a LampLighter health program for 83,000 of their employees, and 1.01 per million employees have improved their safety.


If only every company could be this amazing.


Starbucks is next. Starbucks carefully purchases each of their ingredients to make sure they’re providers are ethical. Just within coffee, they donate money to provide their farmers with disease-resistant trees, Starbucks is raising money to pay for their farmers to update their farms to be more sustainable, their coffee is 99% ethically sourced, and they’re donating 1 billion replacement trees for their farmers. By 2020, Starbucks hopes to have their tea and cocoa 100% ethically sourced.


Starbucks also invests in building communities. They do a range of things to enhance their community like launching a full ride scholarship at Arizona State University, donating money to their farmers to help improve their lives and to local companies in Seattle (their hometown), hiring 10,000 veterans and military spouses by the end of 2018, and providing opportunities for youth interaction with the world and community service.


Just as Unilever does, Starbucks want to reduce their environmental footprint. These are some ways they are doing that: building stores with energy conservation, using resources that are good for the environment, and all their cups are now recyclable.



Starbucks estimated that across all their stores, they dispose of 8,070,428 cups per day. Starbucks’ first store opened in 1971, but as a thought experiment let’s say it took them 10 years to get this famous with so many stores, so if from 1981 to today they disposed that many cups per day. That means that in the 36 years of Starbucks being around there were 1,060,454,239,000 cups disposed of. That’s way too many cups to be thrown away. Now that they recycle all of their cups they don’t go to waste.







Hopefully, this reminds you that there is good going on in the world, and there are good people that are trying to do good things to benefit the Earth. These are the types of companies to put your money into because socially responsible companies have the world’s interest in mind when they make their decisions.

Comments

Popular posts from this blog

Monsoon Pabrai Prevailing with Force

Lighthouses in Monsoon’s Words “My lighthouse would be knowing when I am not happy, finding my purpose. When you are not having fun, something is wrong. My family is my lighthouse. They helped me to realize I was not happy and try something else.” Monsoon Pabrai, is like her name: she prevails with force. She was born into the world of finance. Her father, fund manager Mohnish Pabrai, tried to encourage Monsoon and her sister to be as fascinated with investing as he is. She graduated from the University of California Berkeley in 2017, but don’t let her short career fool you. Monsoon is the current marketing and community lead at Coral Labs, a start-up company. Prior to working at Coral Labs, she was an investment analyst intern at the UCLA Foundation and worked as a research analyst for Dalton Investments. During dinner, if her father was excited about a recent investment, he would break it down for Monsoon and her sister. She became curious and wanted to invest on her o

The Bank that Stood the Test of Time and Tides

On December 26th, 1993, Robert Gaughen took over Hingham Institution for Savings as CEO during a tumultuous time for the bank. A former Hingham president was arrested on charges that the illegally approved loans costing the bank millions, and for which he allegedly received $240,000 in illegal payments.  The bank was also underperforming. Non-Performing Assets were $9.4 million in 1992, 6.2% of assets, which were quickly reduced by 90% to $0.9 million, 0.62% of assets, in 1994, and only continued to improve from there. Asset quality is critical to the survival of a bank, and along with these improvements, Hingham began paying a dividend in 1994.  *Source: Hingham Institution for Savings’s 1994 Annual Report  Over the next 26 years, the company’s loan quality improved, its branch network expanded outside of Hingham, Massachusetts, and Book Value per Share grew 14 times. The company’s share price has grown 15.6% per year (including dividends).  *Hingham Institution for Savings’s 2018 Ann

The Power of Investing

Recently I talked at my school about investing. I will be singling out the Humility Curve for an upcoming post if you found that interesting.Scroll down to learn more about kids and investing, the power of investing, and my Brother's Stock Researcher .