Ouro Verde Amazonia

Brazil Nut Products

Barueri, Sao Paulo

Brazil

ouroverde.com

Ouro Verde Amazonia

Ouro Verde Amazonia is a company created in 2002 by young entrepreneurs in the heart of the Amazon region. Originally built over two strong pillars (a new model of fair relationship with its suppliers – native Amazon communities – and strong investment in R&D to create added value and high nutritional value products made with native Amazon Fruits - mainly Brazil Nut and Açai Berry), The company,  now is part of Grupo Orsa, promotes regional development through the sustainable use of natural resources. Based on fair commerce practices and training programs for gathering, storage and sale of raw Amazonian Fruits, our company was an innovator in developing an equitable and harmonious relationship with the indigenous communities, family farmers and rubber collectors. Thanks to its practices, Ouro Verde Amazonia earned organic certification for the entire product line from Ecocert Brasil. Over its nine years of existence, the company has consolidated a business model that stood out for its distinctive relationship with the traditional communities of the Amazon, including several indigenous ethnic groups, residents of several Resex (Federal Extractive Reserves) and smallholder farmers. This unique model was guided by the fair-trade and above-average prices paid to suppliers.

We believe in a new business model in which sharing benefits, ethical approach and solidarity are the strong bases that should support these “new generation companies.” The ending and fair financial result, which is essential for the longevity of the companies, should be an obvious and necessary result of this equation. By becoming a B Corp, we would like to share these principles with other “sister companies” around the world, learn alternative ways to reinforce these kind of principles, and add an additional water drop to the B Corporations Initiatives by sharing our history .

In Brazil, the extraction of Brazil Nut is characterized by high concentration of production in a few states; the Acre, Amazonas and Pará hold 80.7% of production. Other states (Rondonia, Mato Grosso, Amapa and Roraima) must share the remaining 19.3%. The Northern Region is responsible for 98.72% of national production of Brazil nut, with direct impacts on the lives of extractive communities, small farmers and indigenous people. Through fair trade and ethical practices, Ouro Verde seeks to create more positive impacts in these communities, as well as for consumers.

The Change We Seek®

Ouro Verde Amazonia believes that one of the biggest challenges for the future of the Amazon region is to reorder old regional supply chains of its native products, like Açai Berry and Brazil Nut. These supply chains are historically characterized as unbalanced and unfair; by consolidating them in a new business model, they can be made more sustainable and harmonious by sharing the benefits of producing some of the healthiest nature foods with the native Amazonian communities. Implementation of this sustainable business model would generate at least three clear benefits: better life for local Amazon communities, maintenance of the majestic Amazon Forest (no deforestation) and widespread supply of highly healthy food (Açai and Brazil Nut) for consumers around the world. For Ouro Verde, and for all those interested in preserving the world’s largest tropical forest, production of goods made from the Brazil nut is a question of believing in a better future. The mission is to combine economic satisfaction with environmental protection, emphasizing a profound respect for nature and generating opportunities for all suppliers, employees and consumers through the practice of fair trade, ethical values and high quality services.

 

What makes us a better company?

B Impact Report

Certified since: 

April 2012
Summary:

Company Score

Median Score*

Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

3
10
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

19
22
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

33
32
Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

29
9
Overall B Score
84
80

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Workers: Hires low-income, poor workers to target that barrier to employment; Have an on-going in-house skills-based training program to benefit chronically unemployed workers

Community: 60% of products have product certification; Majority of customers are local; 66% of employees are women; Have worked within industry to develop/advocate for increased social and environmental standards; 100% of cost of materials sourced from emerging market countries is verified to pay fair wages

Environment: Environmental sustainability is integrated into production process; Conduct a Periodic Life Cycle assessment of Brazil nut products; 100% of product (incl. packaging) is recycled/biodegradable/environmentally-preferred; Use renewable energy sources; Utilize strategic planning software to minimize fuel usage and shipping footprint

 

Miscellany: 

Articles

• New Ventures Global Portfolio Go»

• Environmental Entrepreneurs: Ouro Verde Brings Green Business to the Amazon Go»

• Grupo Orsa Go»

• Rising Ventures: Finding Green Gold in the Amazons Go»