Standard Owner Benchmark - FairWild
By CommonShare
FairWild is an international standard and certification program that promotes the sustainable and fair trade of wild plant resources. It was established in 2008 by the FairWild Foundation, a non-profit organization dedicated to the conservation and sustainable use of wild plants.
The FairWild standard sets criteria and guidelines for the sustainable collection and trade of wild plant ingredients used in various industries, including herbal medicine, food and beverages, cosmetics, and natural health products. It ensures that the collection and trade of wild plants are conducted in a way that protects biodiversity, supports local communities, and promotes fair and ethical practices.
The FairWild certification program enables companies to demonstrate their commitment to sustainability and ethical sourcing by complying with the rigorous criteria of the standard. Certified companies are audited and assessed by independent certification bodies to ensure their compliance with the FairWild requirements.
The FairWild Foundation works closely with stakeholders including local communities, collectors, traders, and industry players to promote responsible practices and ensure the long-term conservation of wild plant species. It supports capacity building, research, and awareness-raising activities to foster sustainable practices and strengthen the market for FairWild-certified products.
Through the FairWild program, consumers can make informed choices and support products that are sourced sustainably and ethically. The FairWild label provides assurance that the product has been sourced in a way that supports biodiversity conservation, respects the rights of local communities, and contributes to fair and equitable trade.
FairWild plays an important role in promoting the sustainable management of wild plant resources and addressing the social and environmental challenges associated with their collection and trade. By encouraging responsible practices and providing market incentives for sustainable sourcing, FairWild contributes to the conservation of biodiversity and the well-being of local communities.
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How our Standard Owner Benchmark® Works?
By CommonShare
This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.