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
Grower Solutions
Regional-specific grower-focused impact modules and services that include harmonised scope, data capture and verification methodology on farm, household, social and environmental and climate data.
Facility Solutions
Manufacturer focused impact modules and services that include harmonised scope, data capture and verification methodology on social, labour, energy and waste emissions from upstream factories and facilities.
Product Solutions
Product level third-party sample collection for seed, standing crop/leaf, fibre, yarn and fabric to ensure the quality and integrity of the material and products traded through Connect.
Engage. Capture. Verify.
Demonstrate commercial, social and environmental excellence with ease capturing primary verified data that is more meaningful, measurable and equitable—all in one place.
Earn incentives and data royalties through the license sale and purchase of of Bluechip digital assets* ensuring you are recongised and rewarded for your continued commitment to progress.
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*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.
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Do you Know your
Grower
Early insights and learning from Sourcery’s Impact and Assurance Solution 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.
Meaningful, Measurable and Scalable Impact
The Impact and Assurance Solution and the Grower Essentials, Grower Solutions and Facility Solutions (see below) modules include a comprehensive set of harmonized data criteria, collection and verification methodologies that were developed with the aim to support Sourcery Partners need for meaningful, measureable, trusted and scalable solutions when meeting, complying and reporting on their ESG (environmental, social and governance) goals.
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 (NGOs, you know we we mean!) , but an advantage that can accelerates impact at scale by ensuring the Sourcery Partners who make real progress can be truly recongised and rewarded for their efforts (including Impact Partners).
Sourcery support(s) the Sustainable Development Goals.
Confident and Comprehensive Compliance
The Impact and Assurance Solution modules (see below) 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 transact fibre, yarn, fabric and finished goods through Sourcery.
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.
Transparent, Secure and Equitable Impact
At Sourcery, we believe that your data is your business and therefore we built Connect to ensure that all transactional and impact data is owned by you and remains in your full control at all times, ensuring privacy, data security and future data equity that protects and benefits your trading interests and your business.
Using Connect, Partners can reduce or eliminate the need for fragmented, onerous, costly and inefficient data collection and impact measurement that can undermine your business interests and threaten your reputation.
Grower Essentials GE-1 pictured alongside "‘Place’ feature in Connect App.
All Partner impact data is stored in each users Personal Data Vault (PDV) and is only accessible by you and to those you wish to share it with to ensure confidentiality and data security.
Further, Partners can choose to licensed the data to select third-parties using Bluechip digital assets that are sold on the forthcoming Bluechip Exchange data marketplace can unlocking new revenue, value and profitability for your business.
Impact Stack
Once captured and verified, all data is stored in each Parnter’s Personal Data Vault (PDV) ensuring the highest levels of privacy, security and preserving that value of your data now and in the future.
Bluechip illustration is for demonstration purposes only and does not imply Sourcery is working with these organisations.
Impact and Assurance Modules and Services
Intelligent Verification
Tired of multiple audits, scope certificates and unnecessary paperwork?
Connect introduces digital-first 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.
Earn 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.
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.