Impact and Assurnace 

Solution

Impact that is meaningful, measurable and equitable.

Grower Essentials (GE 1) Bluechip and Connect App ‘Places’ feature.

Using the Connect Platform, Grower, Manufacturer, Trade and Brand Partners can collect and verify primary data all in one place and ensure that the data collected is more secure, meaningful, measurable, equitable and secure.

Solutions

Modules

Regional-specific impact modules that include harmonised scope, data collection and verification methodology to capture reliable primary data across farms, facilities, fibre and products.

Services

Suite of third-party services to engage, train, collect and verify and report on the commercial, social and environmental primary data catured via the Connect Platform.

Impact

Once collected, primary verified data is converted into digital non-fungible tokens (NFTs) called Bluechips that can be made available for licensed purchase via the Bluechip Exchange data marketplace.

Do you Know your

Grower

Early insights and learning from Sourcery’s Impact and Assurance Programme in India and Pakistan.

Through Sourcery’s Impact and Assurance Programme, Sourcery began to collect essential data that provides a clear picture of who exactly the growers are, where their farms are located, what their households look like, understand their agro-climatic conditions, their current farming practices and pre-existing economic circumstances & transactions.

What we learned is that robust and reliable data requires investment in people and places and must be meaningful, measureable and equitable to everyone.

Please read the “Insight Report: Grower Essentials - Know Your Grower” to learn more about who grows your cotton.

Engage. Capture. Verify.

Demonstrating commercial, social and environmental excellence at scale by capturing primary verified data that is more meaningful, measurable and equitable.

Partners can be recongised and rewarded through the license sale and purchase of of Bluechip digital assets* and earn incentives and data royalties for their continued commitment to progress.

*All data contained in Bluechip digital asset is aggregated and anonymized and encrypted both in transit and at rest—meaning its private and secure. When sold, Bluechips do not reveal the name, location or sensitive personal information or commercial data of the data originator unless the data originator (owner and licensensor) provides to licensee explicit permission.

Meaningful, Measurable and Equitable Impact

The Impact and Assurance Protocol data criteria, collection and verification methodologies were developed with the aim to support Sourcery Partners need to inform and ‘presumptively’ meet the reporting requirements of shareholders, existing and emerging regulation, international frameworks, voluntary standards and certifications and their own strategic impact objectives.

This approach is grounded in our Partner Principals—ensuring that all data is captured and verified in an inclusive, empirical, scientific, practical and equitable manner where data harmonisation, sovereignty and interoperability is not viewed as a threat to progress, but an advantage that accelerates impact by ensuring those who make measurable progress can be truly recongised and rewarded for their efforts.

Sourcery support(s) the Sustainable Development Goals.

Impact and Assurance Modules

Confident and Comprehensive Reporting

The Impact and Assurance Modules include scopes, data criteria and verification methodologies that were developed to meet and presumptively comply with international regulation and global impact frameworks and various certification schemes—bringing more confidence to buyers and sellers when they trade. Modules can also be customized by various Impact Partners to collect the data they need, when you need it.

  • United States Uyghur Forced Labor Prevention Act (UFLPA)

  • United Kingdom (UK) Modern Slavery Act 2015

  • European Union (EU) Corporate Sustainability Reporting Directive (CSRD)

  • European Union (EU) European Sustainability Reporting Standards (ESRSs)

  • European Union (EU) Ecodesign for Sustainable Products Regulation (ESPR)

  • European Union (ED) EUDR 2023/1115 Deforestation Free Products.

  • European Union (EU) Product Environmental Footprint (PEF)

  • Digital Product Passport (DPP)

  • Science-Based Target (SBTs) FLAG Standard

  • Greenhouse Gas Protocol Land Sector and Removals & ISO 14064

  • United Nations (UN) Sustainable Development Goals (SDGs)

  • Voluntary private standards and certifications (BCI, etc.)

  • Customized modules to meet the specific needs of any organisations reporting requirements.

Shifting the impact

paradigm

With the Impact and Assurance Solution, Sourcery Partners aim to shift the impact paradigm for good— transforming how we collect, verify and value commercial, social, environmental impact ensuring it is meaningful, measurable and equitable.

Intelligent Verification

Third-party verification (TPV) using automated data triangulation verification and zero-knowledge proofs (ZKPs) technology* borrowed from the banking industry combined with traditional human-led verification by Sourcery Assurance Partners.

Assurance Partners

*Through advanced technology and its Assurance Partner network, Sourcery conducts is own Place Verification that includes a site, facility and process assessment at no additional cost to our Partners.

Impact, Anytime and Anywhere

Partners can access the Bluechip Exchange (BCX) data marketplace directly in the Connect Platform to purchase Bluechip digital assets from any of there partners ensuring that transactional, social and environmental data delivers more meaningful, measurable and equitable impact at scale.

Bluechip Exchange concept is under development.

Data Incentives and Royalties

Partners can earn data incentives and royalties from the license sale of Bluechips via the Bluechip Exchange data marketplace. Proceeds from the sale of Bluechips are paid in BluePoints—a digital currency (similar to frequent flyer programme) that transferred to other Cnnect Platform users or withdrawn into any bank account or UPI.

100 BluePoints are equal to $1.00 United States Dollar (USD) in equivalent cash value. BluePoints can be transferred to any Connect Platform user in exchange for goods and services or withdrawn into any bank account or UPI in local currency. Conversion of BluePoints are subject to current FX rates between USD and local currency at time of withdraw.

Direct-to-Grower™ Certified

Demonstrate your commitment to commercial, social and environmental excellence through the Direct-to-Grower™ Blue, Silver and Gold Certification—show vendors, clients, consumers and the world that you are ready for business by committing to the transformation of trade for good.

Accelerating Impact, Together

Impact Partners

The data contained in each Impact and Assurance Bluechip is unprocessed (e.g. raw) verified data.

As a commercially neutral sourcing and digital trade platform, Sourcery itself does not make value judgments, analysis, scoring or generate reports of the data contained in each Bluechip.

Instead, Sourcery welcomes qualified Impact Assessors. Impact Assessors are independent professional organisations approved by Sourcery to receive, perform analysis, score and generate reports on the data outcomes using proven scientific methods. Brand, Manufacturer, Grower Partners and third-parties can select any qualified Impact Partner to receive and process the data following the licensed purchase of the corresponding Bluechip.

Sourcery also welcomes Impact Collaborators. Impact Collaborators include mult-stakeholder initiatives, standard owners, certifications and trade associations and third-party service and product providers that can contribute to and benefit from Sourcery.

  • Impact Assessors are pre-qualified by Sourcery to receive, perform analysis, scoring or generate reports or on the data contained in each Bluechip following a corresponding Bluechip license transaction via the Bluechip Exchange.

    Brands, Manufacturer, Trade and Grower Partners and third-parties can select one or more Impact Assessor organisations prior to a license purchase of the Bluechip who can access, process and store the raw data and interpret and perform a professional and scientific assessment and analysis of the data to generate reports, such as Life Cycle Analysis (LCA), geopolitical or social risk registers and reports, greenhouse gas balance sheet, etc.

    To learn more, please visit Partners.

  • Impact Collaborators include various multi-stakeholder, standards and certification, input suppliers, agronomy orgnanisations such as Better Cotton, USDA, USCTP among others among others who have developed one (1) or more management and evaluation (M&E) frameworks that have BEEN adopted and by Sourcery Partners.

    Using the Connect Platform and gaining access to the Bluechip data, Impact Collaborators can more confidently rely on robust empirical and scientific data collected to inform the environmental and social outcomes in their frameworks.

    Impact Collaborators do not receive the raw data themselves, they too must rely on a qualified report from one (1) or more Impact Assessor organisations.

    To learn more, visit Partners.

*Prospective Impact Partner logos are protected under copyright. Used for demonstration purposes only and does not imply existing partnership with Sourcery.

Ready to join us and shift the impact paradigm for good?

True collaboration, commitment and investment will lead to market transformation.

You are invited to join us in our mission to transform trade for good and help drive more meaningful and measurable commercial and environmental value that has a profound and positive impact from growers to consumers.

Note: The t-shirt pictured is one of a 250,000 piece order. This order required approx. 150 small holder growers and 93 metric tons of cotton fibre to produce.