Comet Skateboards: B Corporations Use Your Money for a Better World

The "B" stands for benefit, meaning these corporations do not merely focus on profits

For-benefit corporations take pride in knowing that company employees, the local community, and the environment all benefit from their practices

USNEWS Nov 17, 2010 | Comet Skateboards, located in Ithaca, Calif., manufactures custom high-performance skateboards. The company utilizes locally obtained FSC-certified flax, jute, kenaf, and rubber materials for constructing each board. The manufacturer only uses soy-based resins and paints, free from harmful chemicals. Scraps or by-products become fertilizer for gardens, heating materials for homes, media for art, and raw material for office supplies.

This type of recycled production is considered "loop manufacturing." More than a third of Comet's employees come from local low-income communities, and all employees receive a livable wage in addition to health insurance, with the majority of…

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