Company Market Research Report: IDH (The Sustainable Trade Initiative)
Company Overview
Name: IDH - The Sustainable Trade Initiative
Mission: IDH aims to bring together public and private stakeholders to enhance global agricultural markets' sustainability and inclusivity. They focus on developing solutions to tackle critical challenges in value chains related to climate change, unfair working conditions, gender inequality, and more.
Founded: 2008
Key People:
- Daan Wensing, CEO of IDH
- Supervisory Board: Provides support and advice to the Executive Board and Global Management Team
Headquarters: The Netherlands
Number of Employees: Over 400 staff in key markets across 23 countries.
Revenue: No information is available.
What is the company known for: IDH is recognized for promoting sustainable business practices, sector governance improvements, and making investments in sustainable agricultural projects.
Products and Services
Convening
Description: IDH convenes multi-stakeholder collaborations and industry initiatives to inspire meaningful change.
Investment Solutions
Description: They mobilize public and private capital to fund impactful business models and projects.
Beyond Compliance
Description: Through expert guidance, IDH aids companies in adapting business practices to keep pace with changing regulations.
Procurement
Description: Assisting companies in ensuring fair value through an integrated approach to sustainable procurement.
Recent Developments
New Initiatives and Events
- Davos to Belém Session: This session is part of the World Economic Forum’s Annual Meeting focused on shaping Brazil’s cattle industry into a sustainable, low-carbon sector.
- Building a Resilient Future: Emphasizing IDH's 2024 Impact and 2025 Vision, focusing on scaling solutions that foster sustainable food systems and living wages, especially in sectors like cocoa, leveraging international forums such as COP30 in Brazil.
- SUTRA 2.0 in India: Addressed the acceleration of responsible sourcing in Indian markets, featuring the launch of the India Sustainable Palm Oil Manifesto and partnerships focusing on safety in the apparel and textile industries.
Investments and Financial Insights
- IDH Farmfit Fund: A total of 15 investments were contracted, totaling €31.5 million, alongside €100 million mobilized from co-investors. Insights from this fund advocate for closing the finance gaps in smallholder agriculture by mitigating risks with innovative financial models.
Partnerships
- Collaboration in Vietnam's Textile Sector: Partnering with Vietnam's Ministry of Industry and Trade, the cooperation focuses on sustainable practices within the textile and footwear sectors to reduce greenhouse gas emissions and support green growth.
Technological Advancements
- Living Income Tools by IDH: In collaboration with Akvo Foundation, IDH enhanced their Living Income toolkit with new data-driven tools aimed at visualizing income gaps for farmers, subsequently enabling companies to create tailored strategies to close these gaps.
Conclusion
IDH continues to play a pivotal role in driving sustainable change across global agricultural markets through strategic partnerships, innovative investment solutions, and stakeholder collaboration. Emphasizing climate resilience, gender equality, and economic inclusivity, IDH seeks to bridge the sustainability gap and transform trade into a tool for global betterment.
_Note: The report strictly includes information found in the provided data. Where no data was available, the report states "No information is available."_