Overstock.com – For Planet and People Retail Category Award
Tuesday, 28 February 2012
Today’s blog highlights our Retail Category winner, Overstock.com. Carbonfund.org congratulates and thanks them for their commitment to sustainable practices and to the support of important external carbon reductions
In 2011 Overstock.com, now known as O.co, initiated a CarbonFree® shipping program on all of their Worldstock items. This program, free to customers, illustrates wonderfully how companies can be good to both people and planet. Overstock.com gives all net profits from the Worldstock Fair Trade department to fund philanthropic projects in several countries. Worldstock funds have helped in the construction of an earth bag house, rain water harvesting tanks (to provide clean water to the orphans), composting toilet and shower units, just to name a few. Worldstock Fair Trade returns 60 to 70 percent of the sales dollars to the artisans that make the items for sale on Overstock.com’s site, which allows them to improve their economy, educational systems and communities. Now, by shipping carbon neutral, Worldstock items have the least impact on the Earth they seek to protect. This successful, socially responsible department would not be possible without the leadership of President, Jonathan E. Johnson.
Overstock.com is a technology-based retail company offering customers a wide variety of high-quality products, at great value, with superior customer service. The company provides its customers with the opportunity to shop for bargains by offering suppliers an alternative inventory distribution channel. Headquartered in Salt Lake City, Overstock.com is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com and http://www.o.co.