Ethos Water facts for kids
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Subsidiary | |
Industry | Food industry |
Founded | 2001 |
Founder | Peter Thum |
Headquarters | 3015 Main Street, Suite 350, Santa Monica, California 90405, USA |
Area served
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Worldwide |
Products | Bottled water |
Parent | Starbucks (2005-present) |
Ethos Water is a brand of bottled water from America. It has a special goal: to help children get clean water. This company is part of Starbucks. Ethos Water started because one person wanted to make a difference in the world.
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What is Ethos Water?
Ethos Water sells bottled water. But it's more than just a drink. The company's main purpose is to help people. They want to make sure children around the world have access to clean, safe water.
How Ethos Water Started
The idea for Ethos Water came from a person named Peter Thum. In 2001, Peter was working in South Africa. He saw that many communities there did not have clean water. This made him think about how he could help.
Peter realized that selling bottled water could be a way to raise money. This money could then be used to fund programs that bring clean water to people. He became very passionate about this idea. In 2002, he left his job and moved to New York. He wanted to start his new company.
Building the Company
In late 2002, Peter Thum asked his friend, Jonathan Greenblatt, to join him. They officially launched Ethos Water as a bottled water company in August 2003. They also created a group called "Ethos International." This group's job was to use the money from the water sales to help fund clean water projects.
How Ethos Water Helps
Ethos Water is a business that makes a profit. However, a small part of the money from each bottle sold goes to charity. For example, if a bottle costs $1.80, about $0.05 to $0.10 goes to help.
Even though it's a small amount per bottle, it adds up. By 2009, Ethos Water, through the Starbucks Foundation, had given over $6 million. This money helped support programs for water, sanitation, and teaching people about hygiene.
Who Makes Ethos Water?
Ethos water is made by other big companies. These include PepsiCo and Safeway's Lucerne brand. It's interesting to note that Ethos bottles do not use recycled plastic. This is different from some other Pepsi products.
Starbucks Buys Ethos Water
In 2005, the large coffee company Starbucks bought Ethos Water. They paid $8 million for the company. Since then, Ethos Water has been a part of Starbucks.