Better World Books
Online bookseller Better World Books uses a one-for-one business model, donating one book to a person who needs it for every book sold. But its strong social practices don’t stop there. Part of every sale also helps fund literacy initiatives around the globe, and proceeds from library books sold go back to supporting that library. Since Better World Books launched in 2003, this Indianabased company has donated more than 5 million books to those in need and raised more than $10 million for libraries.
Through its global literacy initiatives and support of local libraries, Better World Books is on its way to achieving its lofty mission to “create a better world, one book at a time.” And it’s not sacrificing hardcore business metrics to do it. Better World Books has reported incredible revenue growth since its founding, reaching $20 million in 2008, and almost tripling in the next three years to $55 million.
Better World Books’ dedication to the environment is as integral to its business model as its dedication to literacy. Through reselling books, the company has saved more than 65 million books (40,000 tons) from landfills, and it offsets carbon for each order—taking into account not only the shipping, but also company operations. The company’s environmental commitment has earned it two EPA Wastewise Gold Awards—one for Paper Reduction in 2009 and another for Climate Change in 2010. With rockstar achievements across its triple bottom line, Better World Books is creating a better world through business.
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