Hive Brands Holdings
Hive Brands Holdings, Inc., founded in 2020, operates Hive Brands, an online marketplace that offers a curated selection of natural and organic products. The company is headquartered in the New York City area and was established by Scott Morris, Katie Tyson, Thomas Ellis, and Steven Annese. Hive Brands is committed to making a positive impact on the world through its business practices and is recognized as a Certified B Corporation.
The company's ethos is built around five core values: Ingredient Integrity, Recyclable Packaging, Low Carbon Footprint, Commitment to Social Good, and Rave-worthy Products. These values guide their selection of products and brands, ensuring that each item on their platform not only meets high-quality standards but also aligns with their mission of environmental sustainability and social responsibility.
Hive Brands emphasizes the importance of ingredient integrity by highlighting environmentally forward-thinking practices and flagging commodities and sourcing geographies known to be risky. They strive for a zero-waste model, prioritizing recycled-content and recyclable materials in their packaging, and have plans to improve even when 100% achievement isn't possible.
In terms of environmental impact, Hive Brands seeks out brands that calculate their carbon footprint and practice offsets or use other third-party certifications to ensure a low carbon footprint. The company also supports brands that contribute to the global community through better products, diversity, inclusion practices, and support for social causes.
The online marketplace model of Hive Brands allows for fast and free carbon-neutral shipping, making it easy for consumers to make an impact with every purchase. The company has raised significant funding, including a round that closed on January 2, 2024, which underscores the financial community's confidence in their business model and mission.
Hive Brands Holdings, Inc. represents a new wave of socially responsible companies that provide quality products and contribute to a better world through their business practices. Their commitment to meeting rigorous standards of social and environmental performance, accountability, and transparency is evident in their operations and the products they offer.