Grove Collaborative Named in Inc.’s First-Annual Best-Led Companies List
Leading sustainable consumer products company recognized in first-ever roundup of mid-sized companies that proved management excellence
SAN FRANCISCO--(BUSINESS WIRE)-- Grove Collaborative (“Grove”), a leading sustainable consumer products company, has been named to Inc.’s first annual Best-Led Companies list. Based on a 12-point measure of management excellence across mid-sized companies — the select, data-driven list recognizes the strongest U.S. firms with revenue between $50 million and $2 billion.
This unique program is the first Inc. recognition list to honor both public and private companies.
Inc.’s Best-Led Companies list recognizes 250 companies that are agile enough to maneuver, but also big enough to have a broad impact. These companies employ 35 million people, about one of four U.S. workers. All 250 have a successful track record with leadership teams that spur solid performance, create value, penetrate markets, engage with customers, and more.
“It’s a privilege to be named one of Inc.’s Best-Led Companies, along with other innovative businesses who are dedicated to making long-lasting impact within their industry and beyond,” said Stuart Landesberg, Co-Founder & CEO of Grove Collaborative. “We are proud of Grove’s leadership in sustainability, as we transform the consumer products industry to be a positive force for human and environmental health. We will continue to lead the fight against plastic waste with our unwavering commitment to put people and the planet front and center in everything that we do.”
Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. Earlier this year, the digitally native company announced its entrance into physical retail at Target stores nationwide and on Target.com.
Already plastic neutral and a certified CarbonNeutral® company, Grove aims to become 100% plastic free by 2025. Beyond Plastic is Grove’s comprehensive plan to address the plastic crisis and to help the Company meet its ambitious goal. Today, Grove also has 100% carbon neutral shipping and facilities, and is committed to net zero carbon emissions by 2030.
To be considered for the list, each company had to fill out an application answering questions about its performance, executive team, and leadership. Applicants were then analyzed via an algorithm that identified the very best companies according to their leadership teams’ superlative accomplishments in four key areas: performance and value creation; market penetration and customer engagement; talent; and leadership team.
“This inaugural list of companies represents the remarkable mid-sized companies, both public and private, often founder-led, that are at the vanguard of reinventing American business,” says Scott Omelianuk, editor-in-chief of Inc. magazine. “With their leadership, all business will benefit from an exciting, competitive future full of possibilities.”
To compile the list, Inc. evaluated private and public U.S.-based companies with a 2020 revenue of $50 million to $2 billion or a valuation of $50 million to $10 billion using a proprietary 12-point measure of management excellence generated with input from partners at Pitchbook and Shango Labs.
To see the complete list, go to: https://www.inc.com/best-led-companies/2021
The November issue of Inc. magazine is available online now at https://www.inc.com/magazine and will be on newsstands beginning November 9, 2021.
About Grove Collaborative
Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. With a flexible monthly delivery model and access to knowledgeable Grove Guides, Grove makes it easy for people to build sustainable routines. Every item Grove offers, from both brands they craft — like their flagship brand Grove Co., plastic-free personal care line Peach, and clean skincare brand Superbloom — and from exceptional third-party brands, has been thoroughly vetted against strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas, and ethical supply chain practices. Grove Collaborative, a public benefit corporation, is on a mission to move Beyond Plastic and recently entered physical retail for the first time at Target stores nationwide. Grove is the first plastic neutral retailer in the world and is committed to being 100% plastic-free by 2025. For more information, visit grove.com.
The world’s most trusted business-media brand, Inc., offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across various channels, including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 allows the founders of the best businesses to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211102005735/en/
Source: Grove Collaborative
Released November 2, 2021