Youâre overcomplicating this. Yes, executives could inflate compensationâbut thatâs true of any corporation. The difference is that verifying PFG is categorically simpler than verifying operational ethics claims.
To verify âcage-freeâ eggs, you need facility inspections, certification audits, and understanding complex operational standards. To verify PFG, you check ownership structure (public corporate records) and financial statements showing profit distributions. Itâs the difference between âaudit the supply chainâ and âread the books.â
On Humanitix: The company received ~$2-3M in one-time grants in 2018, has since donated $16.5M+ to charity, and achieved â200% annual growth, doubling in size every six monthsâ while expanding to 4 countries (Google Cloud, n.d.). The donations are what remains AFTER aggressive reinvestment in growth.
Your link is to a press release by Google Cloud. Itâs not a financial statement and it doesnât include expenses. Where can I âread the booksâ for Humanitix?
I agree that verifying âcage-freeâ eggs is probably harder, but it still doesnât seem easy.
Youâre overcomplicating this. Yes, executives could inflate compensationâbut thatâs true of any corporation. The difference is that verifying PFG is categorically simpler than verifying operational ethics claims.
To verify âcage-freeâ eggs, you need facility inspections, certification audits, and understanding complex operational standards. To verify PFG, you check ownership structure (public corporate records) and financial statements showing profit distributions. Itâs the difference between âaudit the supply chainâ and âread the books.â
On Humanitix: The company received ~$2-3M in one-time grants in 2018, has since donated $16.5M+ to charity, and achieved â200% annual growth, doubling in size every six monthsâ while expanding to 4 countries (Google Cloud, n.d.). The donations are what remains AFTER aggressive reinvestment in growth.
Reference:
Google Cloud. (n.d.). Humanitix case study. https://ââcloud.google.com/ââcustomers/ââhumanitix
Your link is to a press release by Google Cloud. Itâs not a financial statement and it doesnât include expenses. Where can I âread the booksâ for Humanitix?
I agree that verifying âcage-freeâ eggs is probably harder, but it still doesnât seem easy.