Is 4ocean a nonprofit?Updated 2 years ago
No, 4ocean is not a nonprofit. We’re often mistaken for one because of our mission to end the ocean plastic crisis, but 4ocean has always been a business. We’re just not a corporation whose only purpose is to maximize profit at any expense.
4ocean is an established Public Benefit Corporation. This is a legal structure for mission-focused businesses that provide a public benefit and operate sustainably. It means we’re not only empowered to prioritize our mission and impact alongside profit, but that we’re legally obligated to do so.
We’re also a Certified B Corp, which means the nonprofit B Lab has audited our entire business and certified that 4ocean meets the highest standards of social and environmental performance, public transparency, and legal accountability. Learn more →