Procure Impact Selected for Fast Company's 2025 Innovative Companies List
Procure Impact, a leading B2B marketplace focused on social impact, has been honored with a position on Fast Company's notable list of the World's Most Innovative Companies for 2025. This annual recognition celebrates businesses that lead in innovation, significantly transforming industries and cultural landscapes. Fast Company has identified 609 organizations across 58 sectors this year, with Procure Impact ranking an impressive fifth in the Social Good category.
In an environment where social responsibility is increasingly essential in business, Procure Impact exemplifies how commercial endeavors can intertwine with social justice. Their platform connects companies with a diverse array of high-quality, American-made products sourced from suppliers who prioritize hiring individuals facing employment challenges. These barriers include disabilities, refugee status, previous incarceration, and experiences of trauma or homelessness.
Lauren McCann, Co-Founder and CEO of Procure Impact, expressed the team's gratitude for the recognition, stating, "We are honored to be recognized by Fast Company. This reinforces our belief that social impact is not only a moral obligation but also a crucial component of business success. Every transaction through our platform creates jobs and contributes to a more inclusive economy."
Procure Impact offers products across several in-demand categories such as food and beverage, bath and body care, retail items, furniture, art, and corporate gifts. This range highlights the company's commitment to providing meaningful employment opportunities while also addressing the needs of consumers for high-quality products. Every transaction through their marketplace translates into job creation, directly assisting vulnerable groups in building sustainable futures.
A crucial aspect of Procure Impact's strategy is the measurement of social impact through transactions. The company calculates the work hours generated by each purchase, providing clients with transparent, measurable data that aligns their procurement efforts with social impact objectives. This not only reinforces the value of ethical sourcing but also facilitates tangible benefits for communities.
The accolade from Fast Company follows an important milestone achieved through the Dignity of Work Pledge, a collaboration between Procure Impact and the American Hotel and Lodging Association (AHLA). So far, 24 corporations have committed to over $7.5 million in purchases, aiming to create 100,000 hours of paid employment for individuals overcoming employment barriers. This initiative underscores the profound potential responsible sourcing practices can have on local economies.
In reflecting on the campaign's momentum, Jen Collins, Co-Founder and President of Procure Impact, remarked, "The enthusiasm around the Dignity of Work Pledge is incredible. Being featured on Fast Company's list is a testament to the collective efforts of our partners and stakeholders. Through responsible sourcing, industries like hospitality can spark economic growth and provide impactful change in communities."
This pledge has already seen participation from major hotel brands and is expanding to set a new objective of generating one million hours of work across various sectors by 2030. This ambitious goal represents a growing recognition of the necessity for business practices that promote social equity.
The World's Most Innovative Companies list is a hallmark feature of Fast Company and is highly anticipated each year. To curate this list, Fast Company rigorously reviews thousands of submissions, assessing businesses that drive notable progress across global industries. The end result reveals a comprehensive guide to today's innovation landscape, covering startups and established enterprises alike.
Fast Company editor-in-chief Brendan Vaughan remarked, "Our list of the Most Innovative Companies doesn't just showcase current innovations; it provides a roadmap for future success. This year, we're celebrating companies using AI in meaningful ways, brands enhancing customer experiences, and organizations introducing bold ideas that reshape their industries."
The complete list of honorees is available at Fast Company’s website and will appear in print on newsstands beginning March 25. To explore Procure Impact's offerings further, visit
procureimpact.us.
Additionally, Fast Company will host its Most Innovative Companies Summit and Gala on June 5, featuring a day filled with insightful content and a formal gathering that includes dinner and presentations.
About Procure Impact
Procure Impact is a pioneering B2B marketplace dedicated to helping businesses meet their social impact objectives through everyday purchasing decisions. It connects organizations with a curated selection of quality, American-made products produced by vendors employing individuals from underserved backgrounds. This innovative approach is redefining procurement strategies and corporate responsibility. For more details, connect on LinkedIn or Instagram, or visit the company's website.
About Fast Company
Fast Company is the only media brand that focuses entirely on the intersection of business, innovation, and design, engaging influencers to discuss the future of commerce. Headquartered in New York City, Fast Company is produced by Mansueto Ventures LLC, alongside the business magazine Inc. For more information, visit Fast Company’s website.