Danone Manifesto Ventures

Certified B Corporation

New York, United States

Certified Since

August 2018


Equity investing - Developed Markets


Service with Minor Environmental Footprint

Operates In


United States

Launched in 2016 in New York City, Danone Manifesto Ventures was founded to bring the Danone Manifesto to life by partnering with a tribe of disruptive entrepreneurs across the world. Danone Manifesto Ventures has an ambition to make investment choices guided by the highest standards of social and environmental impact, in line with Danone’s One Planet, One Health vision to promote healthy and sustainable eating and drinking habits. By providing financial and operational support to its portfolio companies, while preserving the autonomy required to grow an entrepreneurial business, the Danone Manifesto Ventures team helps to nurture its partner companies to their next stage of growth and impact, as well as support the health, wellness and environment of their people and communities. In September 2018, Danone Manifesto Ventures became the first corporate venture fund independently certified as a B Corporation.

Overall B Impact Score

Based on the B Impact assessment, Danone Manifesto Ventures earned an overall score of 112.1. The median score for ordinary businesses who complete the assessment is currently 50.9.
112.1 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 19.8

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement3.9
Ethics & Transparency5.9
+ Mission Locked10

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Workers 42.5

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security17.0
Health, Wellness, & Safety9.5
Career Development6.7
Engagement & Satisfaction7.8

Community 16.2

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion7.0
Economic Impact2.6
Civic Engagement & Giving4.6

Environment 5.8

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management2.0
Air & Climate0.9
Land & Life2.5

Customers 27.6

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship0.7
+ Mission Lock1.6
+ Past Performance4.3
+ Current Fund5.8
+ Positive Impact7.4
+ Portfolio Reporting1.2
+ Capacity Building5.6
+ Fund Governance0.7

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Previous Overall B Impact Scores

2021 Overall B Impact Score112.1
2018 Overall B Impact Score87.9

Additional Documentation

Danone Manifesto Ventures Assessment 2018

Danone Manifesto Ventures Transparent Assessment 2021

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