Wednesday, October 8, 2008
In honor of Paul Newman, this week's Sustainable & Responsible Business of the Week will be devoted to Newman's Own, a pioneer in natural organic products and corporate philanthropy.
Newman's Own, Inc. (Westport CT) was founded in 1982 by Paul Newman and A.E. Hotchner. The company offers over 150 varieties of all-natural foods and beverages. The company donates all profits and royalties after taxes for educational and charitable purposes. To date, Newman's Own has generated over $250 million in proceeds to thousands of charities worldwide. Particularly close to his heart were the Hole in the Wall Camps, now the leading global family of camps for children with life-threatening illnesses, which Paul Newman started over 20 years ago.
Today, Newman’s Own is a thriving company with hundreds of millions of dollars in annual revenue.
Sustainable & Responsible Business of the Week is a weekly behind-the-scenes look at what businesses are doing to be more sustainable and responsible in their operations.
Sustainable & Responsible Business of the Week: If they can do it, so can you!