Standard Owner Benchmark - THE NEW ZEALAND MERINO COMPANY

By CommonShare

The New Zealand Merino Company (NZM) is a for-profit company based in New Zealand that specializes in the production and marketing of premium merino wool. It was founded in 1994 as a cooperative organization by a group of merino farmers with the goal of creating a sustainable and value-added market for New Zealand merino wool.

NZM works closely with merino farmers across New Zealand to ensure the production of high-quality merino wool with desirable attributes such as softness, fineness, and natural performance characteristics. The company provides support and expertise to its farmer partners, including genetics, animal welfare guidance, and sustainable farming practices.

The company is involved in the entire value chain of merino wool, from farm to finished product. It collaborates with manufacturers, designers, and brands to create and promote merino wool products for various industries, including fashion, outdoor apparel, and textiles. NZM aims to connect the unique qualities of New Zealand merino wool with consumer demand for sustainable and high-performing natural fibers.

In addition to its commercial activities, NZM is committed to sustainability and responsible business practices. The company recognizes the importance of environmental stewardship and works with its farmers to implement sustainable land management practices, water conservation, and biodiversity protection.

Furthermore, NZM emphasizes traceability and transparency in its supply chain. The company has developed a traceability system called ZQ Merino, which ensures that the merino wool used in its products is ethically and sustainably sourced. ZQ Merino provides assurance to consumers that the wool comes from farms that prioritize animal welfare, environmental sustainability, and social responsibility.

As a for-profit company, NZM generates revenue through the sale of merino wool and related products. Its focus is on creating value for its farmer partners and delivering premium merino wool to customers worldwide.

For the most accurate and up-to-date information about The New Zealand Merino Company, its products, and operations, it is recommended to visit their official website or contact the company directly.

Overall Rating

1.8
Under-Performing

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.
THE NEW ZEALAND MERINO COMPANY
New Zealand
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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.