Conscious Capitalism is a term that was first coined by Nobel Peace Prize recipient Muhammad Yunus. In an interview , he was quoted saying: “I’m encouraging young people to become social business entrepreneurs and contribute to the world, rather than just making money. Making money is no fun. Contributing to and changing the world is a lot more fun.”
Kip Tindell (CEO of the Container Store) and John Mackey (co-CEO of Whole Foods Market) co-founded Conscious Capitalism Alliance in 2007. The term “Conscious Capitalism” is now a trademark of Conscious Capitalism Inc, the organization behind Conscious Capitalism Alliance.