Responsible Manufacturer Benchmark - Ocean's Balance

By CommonShare

Ocean's Balance Inc. is a leading seaweed ingredient producer with a strong commitment to environmental sustainability and innovative processing technology. Specializing in all-natural seaweed products, the company offers a range of ingredients for various industries including food, pet food, cosmetics, nutraceuticals, and dietary supplements. Their seaweed presents a regenerative solution to Earth's environmental challenges, with benefits such as carbon reduction through photosynthesis, cleaning the ocean by oxygenating water and reducing harmful acidification, and replenishing fish stocks by providing a healthy habitat for juvenile fish.

With a focus on both environmental stewardship and innovation, Ocean's Balance has established itself as a key player in the industry. Their core products include Dulse, Wakame, Kombu, Sea Lettuce, Irish Moss, Nori, and more, each offering unique nutritional benefits. The company's leadership team, including CEO Mitchell Lench and Director of Sales & Marketing Lisa Scali, brings a wealth of experience and expertise to the table. Notable achievements include their zero-input crop approach, which requires no land use, fertilizers, pesticides, or herbicides, setting them apart in the market.

Founded on a mission to maximize the benefits of seaweed while maintaining an eco-friendly and efficient supply chain, Ocean's Balance continues to expand its geographic presence and market reach. With a strong emphasis on sustainable harvesting practices and cutting-edge processing technology, the company aims to cater to a diverse customer base seeking high-quality seaweed ingredients. As they look towards the future, Ocean's Balance remains dedicated to driving innovation in the industry and furthering their impact on environmental sustainability through their products and practices.

Overall Rating

1.0

Under-Performing

Traceability

An increasingly important factor in global supply chains, traceability assesses the manufacturer's capability to track products and materials from origin to delivery. The Sustainable Manufacturers Benchmark® explores this through the lens of tiered supplier verification, culminating in end-to-end traceability with real-time monitoring and complete transparency.

Digitized Products

The digital landscape has transformed B2B interactions. This facet assesses the extent to which manufacturers have digitized their product offerings. The spectrum ranges from manufacturers without any online product catalog to those boasting advanced B2B e-commerce platforms, providing clients with order customization, real-time tracking, and an integrated view of the supply chain.

Preferred Materials

This aspect gauges the extent to which manufacturers incorporate sustainable, circular, and regenerative materials in their supply chain. It assesses whether companies merely use standard materials or whether they actively prioritize sustainable and preferred materials in their product range, even going so far as to offer digital verification of material certificates.

Facility Verification and Services

This dimension evaluates the openness and commitment of manufacturers regarding their facility's conditions and services. It covers a spectrum, from providing no facility details at all to showcasing comprehensive third-party audits, ensuring transparency in worker welfare and showcasing a clear commitment to maintaining top-tier facility services.

Readiness to Contract

Before entering a partnership, it's pivotal to understand a manufacturer's business legitimacy. The Sustainable Manufacturers Benchmark® checks for the presence and verification of essential documents, ranging from basic business licenses to comprehensive documentation, client testimonials, and even third-party attestations that verify a manufacturer's reliability and readiness to contract.

Ocean's Balance

United States

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How our Responsible Manufacturer Benchmark® Works?

By CommonShare

The Responsible Manufacturer Benchmark is a comprehensive framework designed to evaluate and rate manufacturers based on their commitment to sustainability, digital integration, readiness for contracting, material sourcing, and facility standards. It provides a clear, standardized metric for assessing manufacturers in a B2B environment, helping businesses make informed decisions aligned with their sustainability objectives. The benchmark covers crucial areas like end-to-end traceability, the digital verification of supply tiers, utilization of preferred materials, and verified social audits for facilities. By incorporating both depth and granularity across its criteria, the benchmark not only promotes transparency but also encourages continuous improvement in responsible manufacturing practices.