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Enhancing the Governance Structure of Ben & Jerry's

In a significant development, Ben & Jerry's Homemade Inc. has taken pivotal steps to bolster its governance framework, ensuring its foundational social mission remains relevant in the years to come. This initiative comes at a crucial time as the company embarks on a transformative phase aimed at elevating its impact on social justice and humanitarian causes.

A Commitment to Social Responsibility

Since its inception, Ben & Jerry's has been at the forefront of advocating for social change, making it a standout in the ice cream industry. As the company begins this new chapter, it has reaffirmed its dedication to its tripartite mission, which emphasizes product quality, economic fairness, and social equity. To this end, the board has implemented essential governance reforms that will enable the brand to maintain its historical social mission and integrity.

Key Governance Changes

Among the notable policy changes is the introduction of a nine-year term limit for board members, aligning with best practices in corporate governance. This change is not just a bureaucratic measure; it reflects a broader mission-oriented approach to governance that seeks to invigorate the company’s leadership and ensure fresh perspectives.

Additionally, the board has reaffirmed its commitment to uphold the Standards of Business Integrity mandated by its parent company, The Magnum Ice Cream Company (TMICC). By establishing a structured meeting cadence for board activities and transparent participation protocols that resonate with Ben & Jerry's mission, the board is poised to enhance its role as a catalyst for progressive change.

Strengthening Internal Controls

In conjunction with governance reforms, an independent audit of the Ben & Jerry's Foundation revealed significant deficiencies in financial controls and governance policies. In response, the company has initiated a series of changes to enhance transparency and accountability. Proposed improvements include a comprehensive Code of Ethics, conflict of interest policies, due diligence measures, and term limits for foundation trustees. These reforms are not merely cosmetic but critical to rebuilding trust and ensuring the foundation can continue its impactful work.

As a testament to its commitment to social justice, since the year 2000, Unilever has contributed more than $70 million to social causes through the Ben & Jerry's Foundation. The foundation was fully self-funded in 2025, further demonstrating the brand's long-term vision for social engagement.

Looking Ahead

As Ben & Jerry's announces these governance enhancements, the company emphasizes that its unique role in the business sector is crucial for the longevity of its social mission. Jochanan Senf, CEO of Ben & Jerry's, underscored the importance of these reforms, stating that reinforcing governance and increasing transparency will empower them to achieve heightened impact and drive progressive change in the years ahead.

This announcement marks a significant milestone for Ben & Jerry's as it moves forward, not only as a leader in the ice cream market but as a committed advocate for social equity. The changes in governance solidify the brand’s legacy while paving the way for its future endeavors in social responsibility.

Ben & Jerry's is more than just a brand; it's a movement dedicated to crafting a more just and equitable society through quality products and unwavering commitment to core values. As it navigates this new terrain, the company is set to inspire others in the industry by demonstrating that business success and social good can indeed go hand in hand.