GenerationHOPE Inc. (Hope), the company behind the Hope In A Bottle brand, has for a fourth straight year been named among the world’s best by a non-profit organization that certifies companies based on how they create value for their employees, local communities and the environment.
B Lab, a leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and it certifies companies known as B Corps who are leading the way, has certified Hope as a “Best for the World in Community” company for 2022.
The bottled water maker, founded by child rights advocate and philanthropist Nanette Medved-Po, ranked in the top 5 percent of over 5,000 companies certified as “B Corp”.
B Corp companies meet the highest standards in terms of social, environmental and legal accountability, public transparency, and a commitment to balance profit and purpose.
“I would like to express our immense gratitude to all our partners who have allowed our collective effort to once again be recognized as Best for the World in Community for the fourth consecutive year since receiving our B Corp certification,” said Medved-Po.
She said Hope is proud to be part of “this prestigious group of corporate stewards who are ensuring that they meet the high standards of verified performance, accountability and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.”
Hope was recognized by B Lab as Best for the World for Community in 2018, 2019 and 2021. The program was paused in 2020 because of the Covid-19 pandemic.
Hope became the first Filipino company to be recognized as B Corp in 2017.
Celebrating its 10th year in 2022, the company has since expanded its impact areas to include education infrastructure, livelihood programs through agricultural interventions, carbon sequestration projects for smallholder farmers in Mindanao, and, most recently, its AlingTindera Waste-to-Cash program addressing the plastic pollution crisis.
Hope has built 116 classrooms, benefitting over 20,000 students. Its agriculture program has distributed over 700,000 coconut seedlings to over 15,000 farmers.
It has also collected over 30 million kilograms of plastic waste with its partners at Plastic Credit Exchange and via its AlingTindera program.
"Each Best for the World edition is an opportunity to raise the bar for how businesses can and should operate to create real and lasting positive impact for their workers, customers, communities and the environment," said Dan Osusky, head of standards and insights at B Lab Global.
"While no company is perfect and even the best companies can and should continue to strive to improve, the B Corps recognized as Best for the World can provide us all... with inspiration on what true leadership in business can look like to make progress on addressing our current global challenges,” he added.
HOPE is an impact organization that invests 100% of its profits to improving public school educational infrastructure, providing agricultural interventions and carbon sequestration opportunities to smallholder farmers, and taking action towards the plastic pollution crisis.
HOPE believes that a consumer’s purchase represents a vote for the kind of world they want. As the first Filipino company to become a Certified B Corporation, it joins a global community of businesses that meet the highest social and environmental performance standards, public transparency, and legal accountability to balance profit and purpose. HOPE continuously aims to demonstrate the power of Business For Good to make material and sustainable social impact.
To date, the B Lab community includes 400,000 workers in over 5,000 B Corps across 80 countries and 155 industries, and more than 200,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. B Lab has created and led efforts to pass over 50 corporate statutes globally that enable stakeholder governance, with over 10,000 companies using the legal framework.