Latitude Trade Company Ltd

Certified B Corporation
Headquarters

Kampala, Uganda

Certified Since

August 2020

Industry

Agricultural Processing

Sector

Agriculture/Growers

Operates In

Uganda

Latitude Trade Company (Latitude Craft Chocolate) is a vertically integrated social enterprise in Uganda dedicated to improving the lives of thousands of cocoa farmers. In partnership with over 1,000 certified organic smallholder growers, Latitude sources and produces award-winning specialty cocoa and bean to bar chocolate at origin. Their fully traceable, transparent supply chain offers farmers much-needed cash on delivery for their cocoa at a premium price, training, and access to financial services. Their investment in origin development and collaborative relationships reflects our totally completely crazy obsession with quality. This, combined with a deep passion for sustainable development, is what drives them to produce some of the highest quality chocolate and cocoa products on the continent.

Overall B Impact Score

Based on the B Impact assessment, Latitude Trade Company Ltd earned an overall score of 96.9. The median score for ordinary businesses who complete the assessment is currently 50.9.
96.9
96.9 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 4.9

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement0.5
Ethics & Transparency1.8
+ Mission Locked2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 18.9

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security5.2
Health, Wellness, & Safety6.1
Career Development1.1
Engagement & Satisfaction2.2

Community 41.1

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion2.7
Economic Impact8.7
Civic Engagement & Giving1.1
Supply Chain Management6.2
+ Supply Chain Poverty Alleviation19.3

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Environment 30.7

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management1.5
Air & Climate0.4
Water1.0
Land & Life9.0
+ Toxin Reduction / Remediation13.9

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Customers 1.2

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship1.2


Previous Overall B Impact Scores

2020 Overall B Impact Score96.9

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