Our values make us unique, and that is something we have embedded in our negotiation process with all suppliers.
General Criteria for companies we work with
- Governance – Does the company’s mission and vision articulate its intention to be values driven? Does the company actively seek stakeholder engagement? Are the company’s governance structure, controls, policies and decision making process appropriate and transparent?
- Workers – Does the company treat its workers with respect, providing appropriate working conditions, compensation, benefits, training and a safe and positive work environment? Are there appropriate policies for workers such as equal opportunity, harassment, health and safety?
- Community -Does the company act with concern and sensitivity for the all of its stakeholders, in particular the community in which it works? Is the company aware of the impact of its actions on others, particularly the disadvantaged?
- Environment – Are the environmental impacts of the company – operations and products – measured and monitored and is there an ongoing process for reducing the negative impacts as well as increasing the positive impacts?
General Criteria for the products or services offered
- Game changer – are the products or services creating a significant change to the way things are being done in that industry?
- Supply chain – are there labour or environmental abuses in the supply chain? Is the company actively working to improve the conditions across the supply chain?
- Transparency – do we know enough about the product or service, including its benefits and its limitations?
- Relevance – is the product core or non-core to your life? We want to replace our current consumption with sustainable and ethical choices, not add more irrelevant stuff to our lives.
- Environmental impact – is the product actively contributing to the health or rejuvenation of the environment, or is the product creating a significant reduction in environmental impact compared to similar mainstream products?
- Social Impact – Does the product actively add to the social fabric of the community? Does it create jobs or otherwise support people in need?
Specific criteria for HerdPower
- 100% renewable sources – This means either wind, hydro, solar.
- Supporting new renewable generation within the community
- Commitment to helping customers use less energy
- Competitive price – even though we care about the environment, we also care about affordability. We also understand that the better the price, the more people will migrate to a better and more sustainable source of energy.
