Overstock.com Donating All Profits from “Worldstock” to Charity
Ocean Media, 18 May 2011
Hot on the heels of Ocean Media Client Overstock.com announcing they’re beginning Carbon-Neutral Shipping, they will now begin donating 100% of all profits from their “Worldstock Fair Trade” store to charity.
The Worldstock Fair Trade Department of Overstock.com was founded in 2001, with the goal of returning 60-70% of product sale prices back to artisans from around the world who made them. As of the end of April, over $67 million have been returned. These funds have gone towards building schools as well as water towers and water harvesting tanks.
“Worldstock’s mission is to create sustainable livelihoods for artisans around the world by leveraging the internet to introduce their good to the U.S. market. We’re privileged to be able to further support international humanitarian efforts around the world by bringing schools, clinics, drinking water, and sustainable cottage industries to artisan communities globally.” said Overstock.com Chairman and CEO Patrick Byrne.
Our Media Buying Agency is proud to call Overstock a client and applaud their efforts in being socially responsible and improving the world.
