Designed to overcome the logistical complexities of interwoven supply chains across the globe, it is based on the principle that the best way to encourage producers to operate sustainably is to reward them for doing so.
How it works…
Producers who can prove that they are operating sustainably are invited to register a quantity of their output with the Book&Claim certificate trading programme.
They are offered certificates on a pro rata basis for the quantity of sustainably produced material they register with Book&Claim. These can then be offered for sale on the Book&Claim on-line trading platform.
Manufacturers or retailers of products containing that commodity can then bid for and purchase certificates online and, in doing so, pay a voluntary premium directly to the producer which is operating sustainably.
The commodity itself is bought and sold in the usual way, with no need for costly segregation or tracing. Products covered by Book&Claim do not therefore contain sustainably produced material, but their production has supported sustainable sourcing.
Manufacturers and retailers can therefore demonstrate that they have supported sustainable production at a grass roots level, with that support being audited and verified by the Book&Claim system. Claims can be highlighted in CSR policies, on pack, on line and in store.
Pioneering GreenPalm…
The Book&Claim concept is already proving its worth for the palm oil industry, in the guise of GreenPalm.
Certificate trading is well underway and palm oil producers have already earning significantly more for producing sustainably. The GreenPalm programme has been exclusively endorsed by the Roundtable on Sustainable Palm Oil (RSPO) and you can find out more by visiting www.greenpalm.org and www.rspo.org.
Could Book&Claim work for your industry?
- Do you operate in a global market?
- Is the supply chain complex?
- Are commodities intermingled at each stage of the supply chain?
- Would the physical segregation of sustainably produced material be cost prohibitive?
- Are your consumers concerned about the environment?
Then Book&Claim could work for you
To discuss how – be it by franchising of the concept, or by our providing a turn key solution – get in touch today. We would be delighted to help.
Alternatively, complete this enquiry form and we will get back to you.
Bob Norman
Book&Claim Ltd
Tel: +44 (0) 1482 332013
Mobile: +44 (0) 7776 144731
bob.norman@bookandclaim.co.uk
Book&Claim Limited is a wholly owned subsidiary of AarhusKarlshamn UK Ltd (AAK). AAK is a leading speciality oils and fats manufacturer based in Hull, England, and the UK’s largest palm oil importer. AAK is a founder member of the Roundtable on Sustainable Palm Oil (RSPO) and developed the idea for Book&Claim through its work on the GreenPalm programme. GreenPalm has been endorsed by the RSPO as the official broker for the trade in sustainable palm oil certificates.