Press Releases

Loyola University Chicago Recognizes Businesses that Exemplify Profit and Purpose

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CHICAGO – March 23, 2023 

Loyola University Chicago’s Baumhart Center for Social Enterprise and Responsibility is recognizing three companies with Innovator in Social Business Awards for their distinguished commitment to profit with a purpose: 

  • Levi Strauss & Co. – Parkinson Award for Profit and Purpose 
  • LanzaJet – Environmental Stewardship Award in partnership with Loyola’s School of Environmental Sustainability 
  • Cara Collective – Social Impact Award  

“We are delighted to recognize three organizations creating new paths for our economy and our planet,” said Karen Weigert, director of the Baumhart Center. “From transforming how we travel, to what we wear, to how we find meaningful work, the awardees are building the path to a better future for all.” 

The awards celebrate companies across three categories of innovation: social impact, environmental stewardship, and marrying purpose and profit. Previous honorees have included Patagonia, Chobani, Honeywell, and sweetgreen. This year’s honorees will be recognized on April 5 at the 2023 Leading for Good conference, a collaboration between the Baumhart Center and Loyola’s Institute for Racial Justice. 

Leading for Good is an annual conference that offers best-practice learning sessions and interactive networking opportunities that prepare leaders to accelerate social value creation. The conference annually brings together executives who are seeking the skills, knowledge, and networks to integrate business strategy and social purpose. 

The event features keynote speaker Heather McGhee, the New York Times bestselling author of “The Sum of Us.” A native Chicagoan, McGhee graduated from both Yale University and the University of California Berkeley School of Law. She serves as the board chair of Color of Change, a nonprofit civil rights advocacy organization. Her groundbreaking work, “The Sum of Us,” examines the social and economic costs of racism in the United States.   

For more information on the Leading for Good 2023 event, please visit here. 

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About Loyola University Chicago
Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with nearly 17,500 students. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Vernon Hills, Illinois (Cuneo Mansion and Gardens), and a Retreat and Ecology Campus in Woodstock, Illinois. The University features 15 schools, colleges, and institutes. Ranked a top national university by U.S. News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations including AmeriCorps and the Carnegie Foundation. To learn more about Loyola, visitLUC.edu or follow us on Twitter via@LoyolaChicago. 

About the Quinlan School of Business   

The Quinlan School of Business at Loyola University Chicago is home to the Baumhart Center for Social Enterprise and Responsibility. Quinlan educates responsible leaders who strengthen the local and global business system. It draws on the resources of a world-class location in the heart of Chicago and on industry-leading faculty to offer leading undergraduate, graduate, and executive education. Quinlan’s highly respected degrees include the Baumhart Scholars MBA for purpose-driven professionals and the one-of-a-kind Next Generation MBA. The school is named for Michael R. Quinlan, a double Loyola alumnus, and former president and CEO of McDonald’s Corporation. Learn more at LUC.edu/Quinlan or find us on LinkedIn, as well as on Twitter, Facebook, and Instagram at @LoyolaQuinlan.