Company Research Report: Union for Ethical BioTrade (UEBT)

Company Overview

• Name: Union for Ethical BioTrade (UEBT)

• Mission of the Company: To regenerate nature and secure a better future for people through the ethical sourcing of ingredients from biodiversity.

• Vision: A world in which all people and biodiversity thrive. This vision aligns with the UN Sustainable Development Goals and the UN Global Biodiversity Framework.

• Founded:

• 1992: Countries adopt the Convention on Biological Diversity.

• 2007: UEBT is formally established following a UN initiative.

• Key People:

• Angela Pinhati: Recently announced as the new Board President of NATURA, part of UEBT.

• Headquarters: De Ruijterkade 6, 1013 AA Amsterdam, the Netherlands.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: UEBT is known for promoting the ethical sourcing of biodiversity ingredients, emphasizing respect for both people and biodiversity.

Products

• What Products Do They Offer: UEBT does not directly offer consumer products but provides certification and verification services related to the ethical sourcing of botanical ingredients. Their focus sectors include beauty and personal care, herbs & spices, botanical beverages, natural flavors, and natural pharma.

• High-Level Description of Products:

• Standard: UEBT standard sets practices on how companies source botanical ingredients with respect to biodiversity and human rights.

• Certification and Verification Programs: Focusing on driving improvements in cultivation and wild collection practices.

• Regenerative Programmes: A newly launched initiative to advance sourcing with regenerative and ethical practices.

• Key Features of Products:

• Emphasize biodiversity conservation, community well-being, sustainable use of cultivated species, human and workers’ rights, and traceability in supply chains.

Recent Developments

• New Partnerships:

• Announced a new partnership with SAI Platform focusing on Wild-Harvested Botanicals.

• Conferences:

• Announced the dates for the UEBT Sourcing with Respect Conference 2025 in Amsterdam.

• Key discussions expected to cover partnerships between international companies and suppliers, living wages, climate change impacts, and biodiversity.

• New Products and Features:

• 2024: Launch of the regenerative program co-developed with members and partners.

• Other Developments:

• Published "Sourcing botanicals with respect" highlighting challenges and opportunities in the botanical sourcing arena.

• No Information Available regarding any new product launches under UEBT's direct name, or specific new features added to existing products.

Conclusion

The Union for Ethical BioTrade is a pivotal non-profit focused on promoting sustainable and ethical sourcing practices for biodiversity ingredients. It is vital to note UEBT's emphasis on certification programs and engagements to enhance industry standards. Although specific revenue or employee numbers are unavailable, their influence is prominently observed through their collaborations and initiatives in the global ethical sourcing domain.