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GCoop: B-Corporation

Updated: Oct 23, 2018

GCoop is the marketing and distribution branch for General Bio Corporation.

GCoop: a Global Cooperative

General Bio was founded in 2007 as an R&D manufacturing company for health, cosmetics, and personal products. It was founded under CEO Jeong Hun Seo. 2015 marked the year when General Bio received B-Corp Certification. What is the importance of being certified as a B-Corporation? First of all it gives validity to the company in that it actually does what it says.

There are five areas where the non-profit B-Lab organization evaluates the company:

  1. Environmental Activities

  2. Working Conditions

  3. Distribution Structure

  4. Community Activities

  5. Corporate Governance

When a company passes with a score of 80 and above, it receives its B-Corp Certification. Certified B Corporations meet the highest standards of verified social and environmental performance, transparency, and accountability. Over 2650 companies are registered as a B-Corp and such companies affirm that people are using business as a force for good.

Listed in the top 10 out of all Certified B Corporations

GCoop's Business Philosophy

GCoop hopes to resolve social problems and issues through creation of good social values, economic well-being and a sound network culture.

Out of 200 people who are employed with General Bio, over 30% of the employers have severe mental disabilities while 65% are from socially disadvantaged groups. General Bio has given much to local charities and continue to further help the surrounding communities.

Its Global One Server has allowed GCoop to create a fair platform and streamlined the company by providing a reasonable price policy and stable product distribution lines. Greater efficiency and transparency results from the One-stop System.