Purpose Pledge

The Purpose Pledge is a groundbreaking initiative positioned to significantly impact the broader economy and its interconnected systems. It seeks to unite companies committed to cultivating right relationship with all stakeholders—Growers, Suppliers, Employees, Customers, Communities, the Earth, and Each Other—while upholding mutual accountability and accelerating the shift to authentic stakeholder capitalism. The Pledge is a commitment to honor these stakeholder relationships through its 10 Commitments. 1. PRODUCT QUALITY Produce high-quality products that align consumer wellbeing with the wellbeing of planet and people 2. INDEPENDENT GOVERNANCE Board majority control stewarded by purpose-led owners and management team 3. SUPPLY WEB INTEGRITY Primary products meet or exceed high bar eco+social standards through benchmarking or certification 4. FAIR & BALANCED COMPENSATION 20:1 pay ratio (or better) between highest and lowest paid employees 5. LIVING WAGE Employees make a living wage as calculated by the MIT Wage benchmark 6. INCLUSION Company has instilled a culture of inclusion and belonging, where each employee feels valued and respected, regardless of their background, identity, or role within the organization 7. COMMUNITY ENGAGEMENT Minimum of 1% of company net revenues or 10% of net profits allocated to philanthropic giving initiatives 8. CLIMATE POSITIVE Emissions reductions tracking to recognized science-aligned targets 9. CIRCULARITY FOR ZERO WASTE Achieve an average diversion rate of 90% or greater from landfill, incineration, and the environment at large from manufacturing 10. CAPABILITY BUILDING Organizational participation, knowledge sharing, and developmental collaboration with all member companies to support each member’s achievement of all Purpose Pledge commitments