Danone North America becomes the largest certified B Corporation in the world
The announcement coincides with the unveiling of the company’s new name.
Danone North America, headquartered in White Plains, N.Y., and Broomfield, Colo., said it is continuing the long-term commitment of French parent company Danone to balancing financial success with social and environmental responsibility. The company, formerly known as DanoneWave, is commemorating its first anniversary by announcing the achievement of becoming the largest certified B Corporation in the world — two years ahead of its declared target — and changing its name to Danone North America.
The maker of food and beverage brands that include Dannon, Danimals, Silk, So Delicious, Horizon Organic, Vega and Wallaby, among others, Danone North America is a top 15 food and beverage company and top organic food manufacturer in the United States. It was formed one year ago as DanoneWave when the Danone U.S. dairy and WhiteWave Foods businesses were combined, the company said, to create the largest public benefit corporation in the world. Incorporating as a public benefit corporation legally committed the new subsidiary to balance shareholders' financial interests with social and environmental considerations.