|
Corporate Social Responsibility
News
4.30.2007 - 08:15am ET
|
CSR News from:
|
|
|
News Categories: |
| | |
alonovo.com Announces Q1 2007 Funding for Beneficiary Organizations
(CSRwire) AUSTIN, TX – April 30, 2007 - The alonovo.com community is pleased to announce
the distribution of revenue sharing accumulated through the first quarter
of 2007. Funding has been allocated to UNICEF, the National Organization
for Women, the NRDC, Doctors Without Borders, the Concerns of Police
Survivors, United for a Fair Economy, CODEPINK, the National Military
Family Association, Global Exchange, Habitat for Humanity and other
prolific causes that are working to improve the quality and dignity of
life in their local communities, America and around the world.
"We earn approximately 7%-8% commission from each transaction that flows
through our Corporate Social Behavior-driven ecommerce system." said
George Polisner, President/CEO of alonovo.com. George went on to state
"Our new business model provides a 50% revenue share to organizations that
do not have a formal relationship with alonovo and in the case of
organizations that do have a relationship with us –we pass through 100%
of our ecommerce commissions generated by their constituencies. While
other cause-based ecommerce services are available, no other service
provides this level of support for the non-profit community with a strong
social mission at its core –connecting how corporations interact with
society to their sales and profitability."
The alonovo.com community enjoys a unique, innovative ecommerce experience
that guides their purchases so they do not perpetuate poor labor
conditions, environmental damage, corruption and political lobbying. With
trusted Corporate Social Responsibility data integrated into alonovo.com
from leading sources such as KLD Research & Analytics, Inc. –the
community can buy products from businesses such as Seventh Generation,
World of Good, Green Mountain Coffee, No Sweat Apparel and others that are
evolving to embody a proper and sustainable approach to growth. Although
alonovo.com is still in its infancy there is an exciting product roadmap
that includes comprehensive multi-source ratings coverage of corporate
behavior, a universal shopping cart that will drive sales for local
community merchants and plans for integration with existing and emerging
social networks
alonovo.com shares between 50% and 100% of its shopping revenue with over
75 prolific organizations that are working to address environmental,
socio-economic, media, education, direct disaster relief and
first-responder families (Police, Fire and Military). Each alonovo.com
registered member selects their beneficiary organization which then
benefits from that individual's shopping activity, thus providing funding
to many great local, national and global causes while furthering an
important social mission.
The alonovo.com service is free and provides an informed online shopping
experience for its rapidly growing community. By directly integrating
trusted Corporate Behavior ratings, a large, price-competitive array of
products and a visually compelling and simple user experience, alonovo.com
has started to redirect consumer spending based upon corporate behavior.
The alonovo mission is to catalyze a constructive relationship between an
informed marketforce demand and the business supply and distribution
chain. This accelerates the "race to the top" among businesses that are
working to balance people, planet and profit by connecting corporate
behavior and profitability.
For further information about alonovo.com phone 512.218.0585, or email press@alonovo.com.
|
Independent Research Reports
To search for independent research reports from Innovest Startegic Value Advisors about the social, environmental and governance performance of this company and its industry, click here |
 |
|
|
|
|
