Magazine
Subscribe
Editorial
Media Kit
Talk to us

News : Business Jun 6, 2018 - 3:08:23 PM


Bigelow Tea becomes Benefit Corporation

By Bigelow Tea





Font size: Small Big
Email this article
 Printer friendly page
Share this article:
facebook del.icio.us Yahoo! MyWeb Digg reddit Furl Blinklist Spurl
Buy the "As seen on" mug
2016_Headshot_b.jpg
Cindi Bigelow (contributed photo)
FAIRFIELD, CT - Bigelow Tea is proud to announce the recently attained distinction of becoming a Benefit Corporation. The family company is the #1 Specialty Tea market leader, manufacturing “Constant Comment”® and more than 150 tea varieties sold nationwide. Now officially registered as a Benefit Corporation, it is one of a select group of companies that has designated corporate social responsibility as a core business goal in the pursuit of a positive social and environmental impact.

This type of business structure legally formalizes corporate social responsibility in for-profit organizations. Being a Benefit Corporation codifies a company’s commitment to all stakeholders, including employees, customers, vendors and distributors. The legally defined goal of a Benefit Corporation is to use the business for a general public benefit and to have a positive impact on the environment and society.

The mission and vision of family-owned Bigelow Tea, that today employs more than 400 people, made it an ideal candidate for incorporation as a Benefit Corporation, now authorized in 33 states and the District of Columbia.

“Our purpose has always been about much more than making profits and making tea, so the more I learned about Benefit Corporations, the more I knew this was something I truly felt captured the spirit of our company -- a company that is inspired by more than just making a profit,” Cindi Bigelow, third generation President & CEO said. “Clearly, we need to maintain strong profitability, but we should never lose sight of the fact that we also need to focus on doing good things with the power we hold inside this company.”

Bigelow Tea has long prided itself on its environmental, sustainability and community programs, including charitable initiatives centered around the Bigelow Tea Community Challenge, an annual road race that has contributed $1.5 million to local non-profits over the past 30 years.

“Ever since my grandmother Ruth Campbell Bigelow began our family company 75 years ago, social responsibility has been part of our DNA,” Bigelow said. “We have always believed that ethical leadership isn’t about just what we do every day. It’s about taking Corporate Social Responsibility seriously. We’re committed to good citizenship, ethical business practices, protecting the environment, sustainability, and supporting our communities.”

To qualify as a Benefit Corporation, Bigelow Tea leadership completed an extensive assessment report that required hundreds of hours of research and documentation, showing how the company met the established objectives in five specific areas: governance, employees, environment, community and customers.

“What was so exciting to uncover was that, by doing the very things that had been written into our mission statement over 30 years ago, we were already meeting the requirements,” Bigelow said. “In fact, our score exceeded the benchmarks.”

The Board of Directors amended Bigelow Tea’s Articles of Incorporation to include a statement reflecting the unanimous desire to become a Benefit Corporation and ensure that in addition to profit-making, Bigelow Tea leadership will pursue goals that benefit the community in tangible ways.

“To me, ethical leadership has always been about more than what we do every day, it also means thinking about the long term and ensuring we are doing the right thing for our future,” Bigelow said. “It means constantly working on creating an environment where we all feel motivated to be the best we can possibly be. Becoming a Benefit Corporation redoubles our long-standing efforts and helps everyone understand that we need to take corporate responsibility extremely seriously.”




© Copyright by StamfordPlus.com. Some articles and pictures posted on our website, as indicated by their bylines, were submitted as press releases and do not necessarily reflect the position and opinion of StamfordPlus.com, Stamford Plus magazine, Canaiden LLC or any of its associated entities. Articles may have been edited for brevity and grammar. Photos without a credit line are "contributed photos".




[an error occurred while processing this directive]




Note: We reserve the right to delete posts at any time if we decide that they are offensive or distasteful.
CURRENT HEADLINES:
Fairfield County’s Community Foundation Awards A Record 18 Get Out The Vote Grants
TFI Envision Tapped for PEAK® NHRA Track Activation Program
Connecticut congressional delegation applauds over $2 million for 16 health centers across the state
AARP Connecticut Announces New Associate State Director, Advocacy and Outreach
Rush in During “Rush Hours” for Great Deals at Peachwave


Top of Page










StamfordPlus.com is part of the Canaiden Online Media Network.
Stamford Plus Online | Norwalk Plus Online | Canaiden.com | Best of Norwalk | Best of Stamford | Hauterfly Magazine | SummerCampPlus.com

Copyright ©2005-2010 Canaiden,LLC All Rights Reserved.