B
Corp™ Certification reinforces ongoing
commitment to meeting high standards of social and environmental
impact, transparency and accountability
BOULDER,
Colo., Aug. 13, 2024 /PRNewswire/ -- Horizon
Organic, a pioneer in organic dairy and the largest
USDA-certified organic milk brand in the world, and Wallaby, a
leading brand of creamy Australian-style yogurts and organic Greek
yogurts, today announced they have achieved B Corp Certification.
To become a Certified B Corporation™ a business must meet high
standards of verified performance, accountability and transparency
in a number of areas, from employee benefits to supply chain
practices, input materials and charitable giving.
B Corp Certification builds on the heritage of both Horizon
Organic and Wallaby to deliver organic dairy products that are
produced responsibly. It is the only third-party sustainability
program of its type that takes into account the entire value
chain. Both Horizon Organic and Wallaby operate under the
belief that doing business and doing good should not only coexist,
but can and should be mutually beneficial. Becoming B Corp
Certified builds on this core value and reinforces a commitment to
inspiring better living through innovative dairy brands.
"Attaining B Corp Certification underscores our longstanding
dedication to doing business responsibly and always with
sustainability as our north star," said Tyler Holm, CEO of Horizon Organic and Wallaby.
"Now is the time to continue operating with people and the planet
in mind and to lean into a culture of continuous improvement aimed
at doing business that's better for our employees, the environment
and the communities where we live, work and operate."
Horizon Organic and Wallaby together achieved 95.5 out of 200
possible points in the B Impact Assessment™, a digital tool
assessing impact performance for the environment, communities,
customers, suppliers, employees and shareholders. The B Impact
assessment is a foundational component of the B Corp Certification
process as a company must receive a minimum verified score of 80
out of 200 points to achieve B Corp Certification. Historically,
the median score for businesses that complete the B Impact
Assessment is 51.6, with approximately 40 percent of companies who
submit an application actually going on to achieve B Corp
Certification. Horizon Organic and Wallaby's high score
reflects current impact commitments and programs that increase
employee engagement, reduce waste, combat the threat of climate
change, enhance biodiversity, and create shared value within the
supply chain. B Lab™, a nonprofit network committed to transforming
the global economy to benefit all people, communities, and the
planet, oversees the B Corp Certification process.
"As B Corp movement partners, Horizon Organic and Wallaby will
remain committed to redefining success in business to ensure the
consideration of the wellbeing of all stakeholders," said João
Campos, B Lab growth manager, large and multinational company. "We
look forward to Horizon Organic and Wallaby sustaining meaningful
and active participation in the B Corp community, working together
as a force for good."
Horizon Organic and Wallaby were previously B Corp Certified
under Danone North America's B Corp Certification. Following the
acquisition of Horizon Organic and Wallaby by Platinum Equity in
April 2024, it was important to
pursue independent B Corp Certification to demonstrate an ongoing
commitment to redefining success in business as a force for good.
As a result, all Horizon Organic and Wallaby products will continue
to carry the B Corp seal.
More about B Corp Certification can be found on the B Corp
website, and more about Horizon Organic and Wallaby B Corp
Certification can be found on the brands' B Corp profile.
About Horizon Organic
Two generations of families—and
counting—have grown up on Horizon Organic® milk. From the start, as
the leading organic milk producer in the U.S., Horizon has been
committed to delivering innovative, nourishing dairy that growing
families can rely on. As a certified B Corp, Horizon works with
more than 500 farmers across the U.S. to bring high-quality,
certified organic milk to consumers. For more information on
Horizon's full portfolio of organic dairy products, visit
Horizon.com.
About Wallaby
Wallaby is a premium yogurt brand that
has been producing great tasting organic yogurt for over 20 years.
Wallaby was born out of a trip to Australia by its founders, where they chanced
across a deliciously distinctive yogurt. Convinced that Americans
would love Australian-style yogurt as much as they did, they set
off on a mission with one simple goal: to produce the best tasting
yogurt in America. That's why Wallaby yogurt is always slow-crafted
with organic milk and premium organic ingredients to create
something deliciously different. To learn more about Wallaby
Organic, please visit http://www.WallabyYogurt.com.
About B Lab
B Lab is transforming the global economy
to benefit all people, communities, and the planet. A leader
in economic systems change, our global network creates standards,
policies, tools, and programs for business, and we certify
companies—known as B Corps—who are leading the way. To date, our
community includes more than 700,000 workers in over 7,800 B Corps across 92 countries and 161
industries, and more than 200,000 companies manage their impact
with the B Impact Assessment and the SDG Action Manager.
About B Lab U.S. & Canada
B Lab U.S. & Canada is a partner in the B Global Network, a
unified group of global, regional, and national organizations that
power a business movement as a force for good. A historic global
culture shift is underway to harness the power of business to help
address society's greatest challenges. Our global network creates
standards, policies, tools, and programs that shift the behavior,
culture, and structure of capitalism. B Lab certifies companies -
known as B Corps - who are leading the way. Our vision is an
inclusive, equitable, and regenerative economic system for all
people and the planet.
For more information, visit usca.bcorporation.net,
www.bcorporation.net, www.bimpactassessment.net,
www.b-analytics.net and www.benefitcorp.net.
About B Corp Certification
B Corp Certification
assesses the overall social and environmental impact of a company.
To achieve B Corp Certification, a company must meet a score
of at least 80 points in the B Impact Assessment, an
evaluation of a company's positive impact, and pass a risk review,
an evaluation of a company's negative impact. It must change its
corporate governance structure to be accountable to all
stakeholders, not just shareholders, and exhibit transparency by
allowing information about their B Corp Certification performance
to be publicly available on their B Corp profile on B Lab's
website. B Corps recertify every three years and, once certified,
are expected to increase their score over time as they progress
towards becoming more equitable, inclusive, and regenerative
businesses.
MEDIA CONTACT
Jenn Tilliss
SchroderHaus
303-818-2485
jenn@schroderhaus.com
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SOURCE Horizon Organic and Wallaby