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Corporate Social Responsibility
News
7.05.2007 - 08:00am ET
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CSR News from:
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News Category:
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alonovo.com Announces Data Relationship with Co-op America
Co-op America Business Network Data now integrated with alonovo.com service
(CSRwire) AUSTIN, TX - July 5, 2007 - A critical element of the alonovo.com mission
(connecting corporate behavior to corporate profit) is the stream of
Corporate Social Behavior (CSB) ratings (more commonly called CSR or
Corporate Social Responsibility) coming from mature, trusted sources such
as KLD Research & Analytics, Inc. Nevertheless, social screening data is
generally only available for large, publicly traded entities.
In order to provide the most complete experience for the alonovo.com
community, in cooperation with Co-op America, alonovo.com is now rendering
the Co-op America Business Network (CABN) logo for businesses that have met
Co-op America standards and have been selected in to the CoopAmerica
Business Network. When a user search returns a product from a CABN
business, the logo will viewable which can help guide the alonovo user
purchases toward an evolved business.
This provides tremendous value to the growing alonovo.com community by
expanding information available about companies. "When making purchases,
people will consider the behavior of the business they are buying from,
and therefore transferring power to in the form of capital. Is the
manufacturer of my new DVD player treating the workforce well? Are they
integrating clean, renewable energy into their operations? Are they
minimizing their environmental footprint by controlling their emissions?
When this information is readily available at the point of purchase
everyone wins from the worker in a developing country that has improved
health, safety and economic conditions, to people in our local community
that can breathe fresh air and drink clean, safe water to visionary CEO's
such as Ray Anderson that expend capital to proactively position their
company as a sustainable enterprise. The Co-op America Business Seal of
Approval is a mark of trust provided by Co-op America to help consumers
identify and support socially responsible companies that have been
screened and approved by Co-op America. This, added to the CSB rating data
broadens our coverage for the alonovo.com community. I'm thrilled about our
expanding relationship with Co-op America. " stated George A. Polisner,
President of alo novo, inc.
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 support for
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, founded in 2005 is free and provides an informed
online shopping experience for its rapidly growing community. By directly
integrating trusted Corporate Social Behavior ratings, a large,
price-competitive array of products and a visually compelling and simple
user experience, alonovo.com redirects 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 life, planet and profit.
Co-op America is a national nonprofit organization founded in 1982,
providing the economic strategies, organizing power and practicing tools
for businesses and individuals to address today's social and environmental
problems.
For further information about alonovo.com phone 512.218.0585, or email press@alonovo.com.
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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 |
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