The company launched its $15 Giving Tuesday collection, which supports 18 non-profit organizations to give more options for businesses to give with purpose.
Nov 29, 2022 11:00 EST
AUSTIN, Texas, November 29, 2022 (Newswire.com)
Platform for sustainability corporate gifts Loop & Tie Has joined Pledge 1%, a global movement that inspires, educates, and empowers companies of all sizes to make a positive social impact through their work. Loop & Tie’s commitment to Pledge 1% of its equity will help power innovation and impact for its nonprofit shareholders and the company’s current regenerative initiatives across environmental, economic and social sustainability.
“Finding a more sustainable way to give back is at the heart of everything we do at Loop & Tie,” said Sara Rodell, CEO and Founder of Loop & Tie. We believe that giving is more than just a gift. As we embark on the Pledge 1% journey, we will continue to improve our practices for benefiting our community, planet, and causes. Our ability to give back will evolve as our company grows.”
The company’s efforts to reduce waste and harmful byproducts from corporate gifting will continue to expand through Pledge 1% to help power innovation and impact for more shareholders in its business – specifically nonprofits. This new partnership with Pledge 1% will drive longevity and scalability into Loop & Tie’s existing practices of sustainability across three core pillars of impact: Environmental Sustainability, Economic Sustainability, and Social Sustainability.
As the world’s first and only carbon regenerative gifting platform, Loop & Tie has committed to removing 2x the amount of carbon it puts into the atmosphere through its shipping practices. It sequesters over 1.3 million pounds annually of carbon and has planted more than 19 Central Parks worth of trees. It’s through these land conservation efforts that Loop & Tie provides jobs and support to communities around the world.
With over 146 million tons of plastic used annually in gifting, Loop & Tie is also committed to reducing plastic from finding its way into landfills and oceans by ensuring that all packaging is made of 100% recyclable or biodegradable material. In addition, the company has removed over 75,000 pounds of plastic from mid-ocean and ocean-bound sources.
Acts of sustainability also extend to how Loop & Tie supports the impact made on society and the economy. Through its Pledge 1%, Loop & Tie strengthens its responsibility to finding and supporting opportunities and causes that uplift historically marginalized communities. Nearly 850 charities have received donations totaling $1.6 million thanks to the generosity of customers who donated their goods to charity.
In addition, as a gifting platform focused on bringing corporate gifting budgets to small and artisan makers, women-owned businesses, BIPOC- and minority-owned businesses, gifts sent from the Loop & Tie platform have supported over 950 small businesses. By Pledging 1%, Loop & Tie will continue to create direct lines between the corporate spending power and independent creators, makers, and artisans to stimulate the economy in powerful ways.
“The impact we make through our sustainable practices today is just the beginning,” says MK Getler, CMO of Loop & Tie. “We are introducing new possibilities for making an impact through our customers with our Pledge 11% commitment. This pledge will be the foundation for the next iteration in our regenerative businesses practices. A business that helps other companies give back as much as they get.
Loop & Tie is proud to partner with the Pledge 1% community of leaders and encourages their community to find new ways to give back, big and small. To help businesses give with greater impact this holiday season and in honor of Giving Tuesday, Loop & Tie has launched its $15 Giving Tuesday CollectionYou can donate to 18 charities by visiting.
About Loop & Tie
Loop & Tie is the first and only carbon regenerative corporate gifting platform, enabling direct mail and gifting programs businesses can feel good about. Focused on sustainability at scale, Loop & Tie marketplace gifts are selected to bring corporate gifting budgets to small and artisan makers, women-owned businesses, BIPOC- and minority-owned businesses, and businesses making a direct positive impact on environmental sustainability issues. Founded in 2017, Loop & Tie is privately held and headquartered in Austin, TX, with a fully remote, global workforce.
About the Pledge 1%
Pledge 1% is an international movement that empowers entrepreneurs, employees, and companies to be positive change agents. Pledge 1%’s flexible framework has helped over 12,000 people in more than 100 countries to incite half a million dollars in new philanthropy. Visit Pledge 1% to learn more and take the pledge www.pledge1percent.org.
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Source: Loop & Tie