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Corporate Social Responsibility
News
12.13.2006 - 08:08am ET
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CSR News from:
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News Category:
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alonovo.com Radically Transforms Its Cause-Based, Social Values Shopping Program
(CSRwire) AUSTIN, TX December 13, 2006 --alonovo.com is pleased to announce its
sharing program for 2007. Already the market leader in Corporate Social
Responsibility (CSR) rated online shopping, alonovo.com is preparing for
exponential growth over the next twelve months through its relationship
with the non-profit community.
The alonovo.com mission is to connect corporate behavior directly to the
profit motive by catalyzing a vast, CSR-informed consumer movement which
carefully considers which company to empower with their spending when
making a purchase. Informing the everyday purchasing transactions of
consumers, alonovo.com connects real corporate behavioral data as an
important element in competition for product sales. Companies that are
treating their workers well, reducing their environmental impact, shifting
to renewable energy sources and balancing people, planet and profit will
thrive, while companies acting in a conventional manner (transfer of
capital by externalizing costs) will begin to erode and decay.By
integrating trusted data from leading sources such as KLD Research &
Analytics, Inc. and presenting the data to the community at their point of
online purchase, alonovo.com has taken a large first step in transforming
the U.S. economy toward sustainability and fairness.
"We are very proud of our growth largely through the non-profit community
since our launch in 2005, and we believe through our new program that we
can provide additional funding resources to further their respective
missions. The advantage of generating revenue through a cause-based
shopping experience is that it can raise an additional source of funding
without competing with their own donor-funding infrastructure. While the
field of cause-based shopping services continues to grow, none have the
vital underlying mission of alonovo.com. Finally, our mission is not to
impede a growing economy. We are unique in that our community is anxious
to consider and reward companies with their purchasing dollars that are
balancing people, planet and profit. We believe that as leading
non-profits consider partnering with a cause-based shopping provider, we
will be the provider of choice based upon our market leadership, our
unparalleled sharing program and the significance of our own mission."
stated George Polisner, President of www.alonovo.com.
Effective January 1, 2007, active beneficiary partners (organizations that
are informing their constituents about the alonovo.com community and
mission) will receive 100% of the revenue earned in shopping transactions
that are completed through the alonovo.com portal by their registered
users. Passive partners (those organizations that are precluded from
endorsing alonovo) will receive 50% of the revenue from shopping
transactions that are completed by their community through alonovo.com by
their registered users. A complete list of active and passive beneficiary
organizations is listed on the alonovo.com website.
About alonovo.com
alonovo.com provides a
free, social values-driven online shopping experience for its rapidly
growing community. By directly integrating trusted corporate behavior data
coupled with a large, price-competitive array of products into a visually
compelling and simple user experience, alonovo.com makes it easier and
more attractive to redirect consumer spending in ways that reflect
individual social and environmental values. The alonovo.com mission is to
catalyze a constructive relationship between an informed marketforce
demand (consumers) and the entire supply and distribution chain. This will
facilitate a "race to the top" among businesses that are working to balance
people, planet and profit by connecting operational behavior directly with
the profit motive through competition for product sales.
About KLD Research &
Analytics, Inc.
KLD Research & Analytics, Inc. is an independent investment research firm
providing investment management tools used by professionals to serve
clients requiring investment strategies based on social and environmental
responsibility. KLD products and services, including Socrates (a
web-based, company research tool) are used for screening and
compliance.
For additional information please contact press@alonovo.com.
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