Sustainability charter
As stated in Shiperise’s articles of association, its mission is to enact a significant positive impact on the society and the environment through its operational and commercial activities. To achieve this, Shiperise promotes, supports, develops the design, prototyping, production, storage and marketing of sustainable products. Shiperise undertakes to publish a yearly ‘impact report’, summarizing the evolution of key performance indicators (KPIs) and the societal and environmental impact achieved by each product funded on the platform.
Product choice
Shiperise's investment decisions in products depend upon various factors, primarily the materials utilized in their fabrication and their impact, based on predetermined criteria established by the company. Each product must demonstrate compliance with at least one of Shiperise’s 9 impact areas.
Materials
Shiperise engages in the trading of products incorporating a minimum of 50% recycled materials, or alternatively, those comprising at least 50% recyclable materials, as long as an identified recycling process is offered to the customer at the time the product is sold. Additionally, products facilitating a significant reduction in waste generation, sanctioned and financed by the local authority, or enabling substantial cuts in CO2 emissions and/or pollutants during end-user utilization, compared to prevailing norms, are considered. This assessment extends to product components, proportionate to their mass within the final product.
Positive Impacts
Shiperise defines impacts based on simple indicators and assesses whether (or not) products are generating such positive impacts based on clients information and reporting.
Water use
The product allows a reduction of water use or has developed a production technique that requires less water
Waste reduction
The product requires less first-use raw material in its production process and/or uses recycled raw material
CO2 emissions reduction
The product reduces the amount of CO2 emissions through its use or in its production process
Local development
The product is produced locally and supports the development of local communities
Lowtech
The product has been designed with technologies that are easily available
Easily Repairable
The product allows for easy service and available spare parts for better reparability
Nature friendly
The product favours biodiversity and respects nature in its use
Energy-efficient
The product reduces our energy consumption and/or favours the energy transition towards greener energy
Excluded sectors & products
Certain sectors and products are ineligible for consideration, including those associated with fossil energy production or direct consumption, weapons or dangerous devices (incl. robots where technology is not excluding army use), chemicals harmful to biodiversity and living organism in general, chlorine production, nuclear energy production or related devices, gambling devices or betting devices where money or recurrent subscription is required, addictive substances or socially harmful media (alcool, tabacco, online games, adult contents,etc.) and genetically modified organisms.
Sustainable lifestyle
The product is destined for those who are adopting a more sustainable lifestyle
Impact assessment
There is particular attention provided to following dimensions in the client selection process :
Controlled production
Products we fund are produced in countries where the quality and working conditions can be controlled. Clients will provide evidence of factory visit in countries that control for working conditions. This means we prioritise the ‘Made in Europe’ label.
Sustainable design
Products are designed for sustainability. This means products are made from recycled material or are designed to be easily re-use or recycled. The largest proportion of raw material used in the production should be either recycled or can be recycled. Clients will provide the list of raw material used and provenance.
Circular economy
Products from brands and companies that have implemented a cradle-to-cradle process