Lucky Iron Fish Enterprise

Natural health product

Guelph, Ontario

Canada

www.luckyironfish.com

About Lucky Iron Fish

The Lucky Iron Fish™ is a safe, effective, easy to use solution for iron deficiency.  It is simply a piece of iron that you use in the cooking process that releases 75% of your daily-required iron intake and is reusable for up to 5 years. 

The iron is shaped like a fish, a symbol for luck in Cambodia, the country that inspired this health innovation and where The Lucky Iron Fish Project operates and invests – improving both the health and wealth of Cambodian communities. Everything from the fish itself to the packaging and creative tools are produced in Cambodia using recycled materials and in partnership with local social agencies, NGOs and cooperatives.

Iron deficiency is not limited to Cambodia or the developing world.  It is also a problem in the developed world. Purchasing a Lucky Iron Fish™ is a simple way to improve your own health while helping to improve the health and wellbeing of the over 40% of Cambodians who suffer from iron deficiency or anemia.

Simplicity is what we do. The B Corp symbol is a simple instant visible statement of commitment to all things good in business. Being part of the B Corps community surrounds us with incredible leaders who, like us, know that business can and is solving some of the world’s greatest social challenges.

The Change We Seek®

The Lucy Iron Fish Project will solve a preventable health problem that impacts more than 3.5 billion people worldwide and is responsible of a loss of $70 billion of global GDP. 

The Lucky Iron Fish™ was invented on the principle of providing Cambodians with a safe effective iron supplement solution that is affordable, accessible, and culturally appropriate.  We know there is a better way to do business and, with the help of this amazing little Fish, The Lucky Iron Fish Project will set the gold standard for foreign business operations and health intervention projects in Cambodia and other developing countries.  

We pay a living wage to our staff and provide health insurance and skills training.  We work with social impact firm 17 Triggers on our creative and educational tools and with Friends –International and Watthan Artisans Cambodia to produce our packaging out of recycled newsprint and palm leaves. The Lucky Iron Fish™ themselves are made with recycled materials. People are more likely to use the Lucky Iron Fish™ when they’ve made the decision to purchase one so we sell it rather than give it away. But we know that there are families who simply can’t purchase one no matter how low the cost, so our business model includes a way to provide free Lucky Iron Fish™ to families who can’t afford to buy one on their own.  We also provide nutrition education and support in the villages where we work.

Lucky Iron Fish™ is a stunningly simple solution to a global health problem. We can solve it together by putting a Fish in every pot!

What makes us a better company?

B Impact Report

Certified since: 

March 2014
Summary:

Company Score

Median Score*

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.

10
7
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.

24
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

43
N/A
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.

61
17
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.

16
6
Overall B Score
154
55

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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