Positive Impact and Good Practices we promote at EthicHub.
(Leer en Español: https://cutt.ly/qwL9ac8)
Proof of positive impact that we generate in our communities also involves providing the necessary training in economic, environmental and social issues to our farmers and thus contributing to improve their quality of life in a sustainable manner.
EthicHub is a so called social enterprise — a relatively new term that tries to explain a worldwide growing phenomenon. We talk about innovative projects, for profit, which must be profitable and sustainable over time. The fundamental difference with these new corporate structures is their firm commitment of resolving social or environmental issues with their business activities, meaning they help to generate a significant positive impact that is measurable.
For the impact measurement we are very fortunate to count on the collaboration of the Autonomous University of Madrid, specifically Dr. Mari Cruz Lacalle an absolute expert in this area and director of the Master of Micro Finances. As a result of this collaboration we developed a scientific methodology that will be applied for impact measurement. It is one of the most fascinating parts of the project: Support these hard working farmers and help them to improve their activities, so they can break the circle of poverty, be profitable and develop socially and economically.
Therefore, at EthicHub we are working on creating our own certificate that incorporates the requirements of most current certificates, and add others from EthicHub.
This certificate will be issued annually by an independent agent (in the two months following the end of the harvest) and will be delivered to each farmer with the endorsement of his community and the local node. In the future, EthicHub will carry out an audit process both internally and by the user community.
Our certification includes three dimensions:
1- Economic.
2- Environmental.
3- Social.
The required criteria will have their own specific indicators incorporated, and the auditor must indicate whether they are met or not.
The requirements to obtain the EthicHub certificate incorporate between 90% and 100% of the requirements demanded by the Rainforest Alliance (UTZ), Fair Trade, Starbucks CAFE, Nespresso AAA, USDA Organic, Bird Friendly, Nestle 4C and OCIA, as well as destination certificates such as EU BioLabel or Agriculture Biologique.
And some others that we believe necessary to incorporate, such as the cooperative organizational capacity.
Learn more about how to create mutual wealth by investing in profitable agriculture in developing regions and visit our website here.
