Sustainable corporate gifting platform Loop & Tie has joined Pledge 1%, a global movement to inspire, educate, and empower businesses of all sizes to have a positive social impact through their work. Loop & Tie is committed to a 1% capital commitment that will help drive innovation and impact for nonprofit shareholders and the company’s ongoing renewable initiatives for an environmentally, economic and sustainable society.
“Finding a more sustainable way to give back is at the heart of everything we do at Loop & Tie,”
“For us, giving goes beyond the gift, and as we embark on this journey with Pledge 1%, we aim to continue building better practices to benefit our planet, community and causes around us. As our company evolves, so too will our ability to give back.”
Sara Rodell, CEO and Founder of Loop & Tie.
The company’s efforts to reduce waste and harmful by-products from corporate gifts will continue to grow through the 1% Pledge to help drive innovation and impact its many shareholders. especially non-profit organizations. This new partnership with Pledge 1% will leverage the longevity and scalability of Loop & Tie’s existing sustainability practices across three pillars of impact:
Environmental sustainability, economic sustainability and social sustainability.
As the world’s first and only renewable carbon donation platform, Loop & Tie is committed to removing 2x the amount of carbon it releases into the atmosphere through its transportation operations. Each year, it sequesters 1.3 million pounds of carbon and has planted more than 19 trees in Central Park. Through these land conservation efforts, Loop & Tie has provided jobs and support to communities around the world.
With more than 146 million tons of plastic used as gifts each year, Loop & Tie is also committed to preventing plastic from ending up in landfills and oceans by ensuring that all packaging is made from recyclable materials. 100% recyclable or biodegradable. Additionally, the company has removed more than 75,000 pounds of plastic from mid-ocean and oceanic sources.
Sustainable action also extends to how Loop & Tie supports its impact on society and the economy. Through the 1% Pledge, Loop & Tie reinforces its responsibility to seek out and support causes and opportunities that help lift historically disadvantaged communities. Thanks to the generosity of customers who choose to donate to charity, nearly 850 charities have received more than $1.6 million in donations to date.
Additionally, as a gifting platform focused on bringing corporate gift budgets to small manufacturers and artisans, women-owned businesses, BIPOC and minority-owned businesses, Gifts sent from the Loop & Tie platform have supported over 950 small businesses. By committing to 1%, Loop & Tie will continue to create direct lines between the company’s purchasing power and independent designers, manufacturers and artisans to strongly stimulate the economy.
“The impact we make through our sustainable practices today is just the beginning,”
“With our commitment to Pledge 1%, we are ushering in new possibilities to make an impact through and with our customers. This pledge will power the next iteration of our regenerative business practices: a business that helps other businesses give back the more they give.”
MK Getler, CMO of Loop & Tie.
Loop & Tie is proud to partner with the Pledge 1% community of leaders and encourages the community to find new ways to give back, big or small. To help businesses make more impact this holiday season and in honor of Charity Tuesday, Loop & Tie has launched a $15 Charity Tuesday collection that includes donations to 18 non-profit organizations.