Consumers Are Demanding Sustainability Information — Grove Delivers With New Badging System [Forbes]
Grove Collaborative Holdings, Inc. Class A (GROV)
Company Research
Source: Forbes
Part of their work on reducing plastics translates into new formats for products including cleaning concentrates, laundry sheets, shampoo bars, and more. Whether we like it or not, we are literally living and breathing plastic. The average American eats and inhales between 70,000 and 120,000 microplastics per year . Three-hundred-eighty million tons of plastic are produced annually, and reports indicate that nearly 50% of that is for single-use purposes . As I discuss in The Profiteers , the consequences of the plastic crisis are dire — fueling the climate crisis, ocean pollution, an increase in microplastics and more. But consumers are starting to pay attention, and have become increasingly aware of the issues around plastic. A 2021 poll found that 84% of U.S. shoppers are concerned about plastic and packaging waste, driving a demand for brands to deliver more thoughtfully manufactured, sustainably sourced goods. Brands are responding with new "green" and "clean" products every
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News
- Grove Collaborative Launches Summer Limited Edition Collection with The Nature Conservancy [Yahoo! Finance]Yahoo! Finance
- Grove Collaborative Launches Summer Limited Edition Collection with The Nature ConservancyBusiness Wire
- Grove to Report First Quarter 2024 Financial Results on May 14, 2024Business Wire
- 19 Reviewed-approved sustainable brands to shop on Earth Day [USA TODAY]USA TODAY
- Perks and Rec: The best countertop compost bin is on sale [USA TODAY]USA TODAY
GROV
Sec Filings
- 5/2/24 - Form 4
- 4/10/24 - Form 4
- 4/5/24 - Form ARS
- GROV's page on the SEC website