There is a new type of business in today’s economy known as a “for benefit” company.
Essentially, this is a for-profit company that gives back to the world in one-way or another. Also called “fourth sector” companies, they usually have a social or environmental cause as part of their mission and use a percentage of their profits as a donation to a charity or make a direct donation of their products. These companies represent the best ways to do good while you shop.
Tom’s is one of the best-known companies to do good while you shop. Tom’s donates a pair of shoes or eyeglasses to a needy kid for every pair of shoes or eyeglasses sold. They coined the “one-for-one” concept. Many consider Tom’s a model for other companies desiring to do-good. There is a whole new crop of young companies seeking to combine social responsibility with making a profit.
Our company, Life Equals, is built on this same premise and a great way to do good while you shop.
Did you know that worldwide, 1 in 3 children die due to malnutrition? This lack of nutrients is a greater cause of childhood death than AIDS, malaria, and parasitic infections combined. For every product you purchase from us, Life Equals will donate children’s multivitamins to malnourished children globally. We do this through our partnership with Vitamin Angels, a not-for-profit company that helps greatest at-risk populations in need (specifically pregnant women, new mothers, and children under five) gain access to lifesaving and life changing vitamins and minerals.
Additional companies offer the best ways to do good while you shop.
We feel fortunate to be part of a great business sector and love to tell our friends about other companies that are making a difference. Shop from the list below and your purchase will benefit not just you, but people all over the world.
Warby Parker (Fashion Eyewear)
Warby Parker serves up vintage-inspired prescription eyewear and sunglasses starting at just $95. For every pair sold, a pair is distributed to someone in need. Warby Parker sells online and has a limited number of showrooms in the United States. By designing glasses in-house and selling only directly to consumers, the company lowers the cost of its glasses by a significant amount.
MIIR (Water Bottles & Bicycles)
The only thing cooler than MiiR’s stylish BPA-Free water bottles is the fact that $1 from every bottle purchased provides on person in need with clean drinking water for one year. MiiR designs products that empower customers to get out and live active, connected lives, while empowering others to rise above poverty. What began with water only water bottles now continues with bicycles which provide sustainable transportation.
Sseko Designs (FASHION)
Sseko Designs is a fashion brand based in Uganda. Sseko began as a way to generate income for high potential, talented young women to continue on to university. Every woman who has graduated from Sseko is currently pursuing her college degree or has graduated from university and is on her way to making our world a more beautiful place. Sseko’s product selection includes handbags, accessories and beautiful leather sandals with interchangeable fabric straps that can be styled in hundreds of ways.
Manduka (Yoga gear)
Manduka makes yoga practice even more rewarding. These lightweight, non-slip mats are made from “biodegradable, non-Amazon harvested, natural tree rubber,” and a portion of the company’s sales goes to Off the Mat, Into the World, which harnesses the power of yoga to inspire sustainable activism and grassroots social change.
SoapBox Soaps (handmade soap)
SoapBox Soaps offer all natural, handmade soaps made in America. For every bar of soap sold, SoapBox donates another bar to a child in need. SoapBox empowers customers with the ability to make the world a better place through simple, quality soap.
We hope this short list of the best ways to do good while you shop, will offer you and your family a short list for your next fashion, yoga or wellness purchases.
Life Equals inspires you to live better while bringing balance to your life.
We believe that by introducing the nutrients nature has always provided back into your daily life, you will be able to better fight disease, feel stronger and live a longer, happier life. please … join us in this mission.