Non-profit

American Sustainable Business Network

Location:

Washington, DC

Tax ID:

45-2384297

Tax-Exempt Status:

501(c)(3)

Budget (2020):

Assets: $304,266

Founded:

2021 1

References

  1. “American Sustainable Business Network.” Idealist. Accessed February 2, 2023. https://www.idealist.org/en/nonprofit/7d1832a035f94f29b25aac6f264675a9-american-sustainable-business-network-washington

Contact InfluenceWatch with suggested edits or tips for additional profiles.

The American Sustainable Business Network is a partnership for businesses and investors that support what it calls “justice, equity, diversity, and inclusion” (JEDI). 1 In 2021, the American Sustainable Business Council merged with Social Venture Circle to create the network, which claims to now represent more than 250,000 businesses and investors. 2 3 4

Background

The American Sustainable Business Network is a partnership that advocates policies for policymakers, business leaders, and investors to transform the public and private sectors “toward a just and sustainable economy” in a way that is “stakeholder-driven.” The organization says that all stakeholder groups—as opposed to shareholders—must have “full and participatory access to decision making.” 5

The American Sustainable Business Network resulted from the 2021 merger of the American Sustainable Business Council, established in 2009, and Social Venture Circle, established in 2018 with roots going back to 1987. 6 7

The network says it represents more than 250,000 businesses, investors and organizations. 8 ASBN member organizations include firms and organizations such as the New Jersey Sustainable Business Council, Avocado Green Brands, Okeanos, and Fluxus LLC. 9 10 Members of the network agreed to sign an agreement to incorporate integrity, values, respect and inclusion into their daily work. 11

The organization says the foundation of doing business must be “justice, equity, diversity, and inclusion,” which it refers to as “JEDI.” The network says the implementation of JEDI practices is crucial for removing “barriers to capital and opportunity for Black, Indigenous, Latinx, Asian communities, women, and gender nonconforming.” 12

Policy Agenda

The American Sustainable Business Network is a member of the Declaration for American Democracy Coalition, a left-leaning activist coalition that advocates electoral administration policy changes. 13

In July 2022, in the months leading up to the midterm election, the American Sustainable Business Network launched “Business for Democracy” as a national campaign to get small businesses to promote left-wing election-administration programs. ASBN created nine state Business for Democracy collaboratives composed of business organizations and individual businesses to lobby state legislators and members of Congress to support certain election-related legislation such as bills in Congress giving the federal government expansive control over running elections. State collaboratives were established in California, Arizona, Ohio, Pennsylvania, North Carolina, Nevada, Wisconsin, Michigan and Georgia. Frank Knapp Jr., the CEO of the South Carolina Small Business Chamber of Commerce, is the director of Business for Democracy at ASBN. 14

The American Sustainable Business Network advocates for businesses that provide flexible options to give employees time off to vote. It calls for employers to prioritize increasing voter turnout. The network also advocates for early voting, mail-in ballots, and extended voting hours. 15

On other fronts, the organizations policy issues include agriculture, climate change, energy, employment, and workplace issues. 16

In 2021, the American Sustainable Business Network backed the Build Back Better Act, a large-scale $2.2 trillion welfare-statist and environmentalist bill named after the campaign slogan of President Joe Biden. The measure passed the House but failed to gain sufficient support in the Senate. The organization supported it for its paid-leave mandate provisions, as well as increased farm subsidies, green energy subsidies, spending on electric vehicles, and the creation of the a Civilian Climate Corps. 17

Leadership

As of February 2023, Jeffrey Hollender was CEO and co-founder of the American Sustainable Business Network. Hollender was co-founder and CEO of Seventh Generation, a natural-products brand known for left-wing-aligned business practices. He also founded Sustain Natural, which markets sustainable feminine care products. He is a strategic advisor and former board chair of Greenpeace. He is an adjunct professor of sustainability and social entrepreneurship at the Stern Business School at New York University. 18

David Levine is the co-founder and president of the American Sustainable Business Network. He was the founding director of continuing education and public programs at The Graduate Center at the City University of New York. From 1984 to 1997, Levine was founder and executive director of the Learning Alliance. He is a principal partner at Miracle Springs Farm in the Hudson Valley. 19

Ali-Reza “A.R.” Vahabzadeh is the executive vice president at the American Sustainable Business Network. He is head of membership, the chief of staff and the environment social governance policy co-lead for the group. He has worked in business development and investor relations roles for companies including Morgan Stanley, Citigroup and J.P. Morgan Chase. 20

References

  1. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  2. “American Sustainable Business Network.” Idealist. Accessed February 2, 2023. https://www.idealist.org/en/nonprofit/7d1832a035f94f29b25aac6f264675a9-american-sustainable-business-network-washington
  3. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  4. “Legacy.” American Sustainable Business Network. Accessed February 10, 2023. https://www.asbnetwork.org/legacy.
  5. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  6. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  7. “Legacy.” American Sustainable Business Network. Accessed February 10, 2023. https://www.asbnetwork.org/legacy.
  8. “American Sustainable Business Network.” Idealist. Accessed February 2, 2023. https://www.idealist.org/en/nonprofit/7d1832a035f94f29b25aac6f264675a9-american-sustainable-business-network-washington
  9. Press Release. “Fluxus Joins American Sustainable Business Network Focusing on ESG Policy Work.” Fluxus. January 10, 2022. Accessed February 2, 2023. https://fluxus.global/news/fluxus-joins-american-sustainable-business-network-esg-policy/
  10. EIN Presswire. “American Sustainable Business Network Issues Methane Business Case Study as EPA Announces Updated Rule to Cut Methane.” Fox 59. November 11, 2022. Accessed February 2, 2023. https://fox59.com/business/press-releases/ein-presswire/600834829/american-sustainable-business-network-issues-methane-business-case-study-as-epa-announces-updated-rule-to-cut-methane/
  11. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  12. “About Us.” American Sustainable Business Network. Accessed February 2, 2023. https://www.asbnetwork.org/about-us-0
  13. “Our 250+ Member Organizations.” Declaration for American Democracy Coalition. Accessed February 2, 2023. https://dfadcoalition.org/
  14. Press Release. “American Sustainable Business Network Launches National and Multi-State Campaign to Address the Role of Business in Repairing Democracy.” Business for Democracy. July 6, 2022. Accessed February 2, 2023. https://businessfordemocracy.us/blog/american-sustainable-business-network-launches-national-and-multi-state-campaign-to-address-the-role-of-business-in-repairing-democracy/
  15. Imes, John. “Thriving economy, improved environment need well-functioning democracy.” Wisconsin Examiner. May 2, 2022. Accessed February 2, 2023. https://wisconsinexaminer.com/2022/05/02/thriving-economy-improved-environment-need-well-functioning-democracy/
  16. “American Sustainable Business Network.” Idealist. Accessed February 2, 2023. https://www.idealist.org/en/nonprofit/7d1832a035f94f29b25aac6f264675a9-american-sustainable-business-network-washington
  17. Press Release. “American Sustainable Business Network Applauds Historic House Passage Of The Build Back Better Act.” Harlem World. Accessed February 2, 2023. https://www.harlemworldmagazine.com/american-sustainable-business-network-applauds-historic-house-passage-of-the-build-back-better-act/
  18. “Our Team.” American Sustainable Business Network.” Accessed February 2, 2023. https://www.asbnetwork.org/our-team
  19. “Our Team.” American Sustainable Business Network.” Accessed February 2, 2023. https://www.asbnetwork.org/our-team
  20. “Our Team.” American Sustainable Business Network.” Accessed February 2, 2023. https://www.asbnetwork.org/our-team
  See an error? Let us know!

Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: August 1, 2014

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form 990EZ $0 $0 $304,266 $306,762 $0 $0 $0 $0
    2019 Dec Form 990EZ $0 $0 $304,266 $306,762 $0 $0 $0 $0 PDF
    2018 Dec Form 990 $848,717 $1,226,361 $304,266 $306,762 N $790,836 $57,429 $14 $193,624 PDF
    2017 Dec Form 990 $1,370,515 $1,188,621 $547,681 $172,533 N $1,220,227 $142,766 $22 $264,077 PDF
    2016 Dec Form 990 $921,253 $1,025,633 $232,674 $39,420 N $832,349 $77,400 $4 $103,261
    2015 Dec Form 990 $1,608,883 $1,125,981 $545,760 $248,126 N $1,504,162 $91,081 $0 $112,211 PDF
    2014 Dec Form 990 $1,069,543 $1,455,292 $69,405 $254,673 N $780,531 $290,404 $0 $89,183 PDF
    2013 Dec Form 990 $1,193,837 $1,066,972 $335,038 $134,557 N $766,579 $433,857 $0 $79,753 PDF
    2012 Dec Form 990 $767,521 $693,905 $123,400 $49,784 N $525,441 $273,266 $0 $220,235 PDF

    American Sustainable Business Network

    712 H St NE
    Washington, DC 20002