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Walking the Walk

By: Jennifer ReingoldWed Dec 19, 2007 at 7:59 AM
Walking the Walk

Is it possible to run a billion-dollar public company and save the world at the same time? Timberland's CEO Jeffrey Swartz is trying to find out.

Timberland is pioneering green production methods.

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It is, of course, relatively easy for Swartz to defy his critics. Although Timberland is public, the family maintains 69% voting control. And Timberland has no debt, tons of cash, and had enjoyed nine straight record quarters before its glitch this year. But wouldn't it be easier for Swartz to pursue his social objectives at a nonprofit, or at least a private company? Absolutely not, he bellows. "The only way to enact the model is in a transparent public way. If you want to make the assertion that commerce and justice are not divorceable notions, then you need to demonstrate that in a constant, open, and inspectable way."

And because Swartz is an avowed capitalist, he believes in listening to the market even as he tries to encourage it to measure success in different ways. Although it offends the purists, that means he doesn't immediately fire suppliers for labor infractions. Instead, he uses "constructive engagement" to get them to change their policies and so keep workers employed. And while organic cotton T-shirts may be better for the environment, he'll try to build demand for them over time instead of forcing them into the market and pressuring margins.

Can one man and his band of devotees really change the role of the corporation? To Swartz, it's only a matter of time. But even if he didn't feel confident, he has no choice but to press on. "It's not required of you that you complete the task," he says, quoting Jewish text. "Nor is it permitted of you that you lay down the task." You just need to keep walking the walk.

Jennifer Reingold (jreingold@fastcompany.com) is a Fast Company senior writer.

From Issue 100 | November 2005

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Recent Comments | 12 Total

October 25, 2009 at 2:34pm by Le Binh

Marie Curie say: Thank a lot, it is so usefull for me, keep it going on

October 26, 2009 at 9:56am by elly hutt

Great stuff, let me recommend the walking company for those who are interested in finding exactly what they are looking for when it comes to shoe shopping!