TED Business

Can salad dressing transform capitalism? | Alex Amouyel

14 snips
Mar 24, 2025
Alex Amouyel, President and CEO of Newman's Own Foundation, dives into revolutionary business practices that prioritize impact over profit. He discusses how salad dressing symbolizes the power of consumer choices to reshape capitalism. With a focus on the pitfalls of greenwashing, Amouyel stresses the importance of researching corporate missions. The conversation highlights the foundation's commitment to donating all profits and advocates for social responsibility as a key component of successful business models.
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ANECDOTE

The $26 Cauliflower

  • Alex Amouyel recounts seeing a restaurant advertisement about donating 1% of proceeds to environmental nonprofits.
  • This sparked a discussion about performative philanthropy and greenwashing.
INSIGHT

100% for Purpose

  • Newman's Own Foundation, led by Alex Amouyel, owns a food company donating 100% of profits.
  • This model challenges traditional profit maximization and prioritizes impact.
ANECDOTE

Newman's Own Origin Story

  • Paul Newman, driven by a love for salad dressing, started Newman's Own.
  • He donated the initial $300,000 profit, establishing a precedent for the company's philanthropic focus.
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