About the Union for Ethical BioTrade
The Union for Ethical BioTrade (UEBT) is a non-profit association that promotes “respectful procurement” of ingredients derived from biodiversity. Members commit to ensuring that their sourcing practices gradually promote biodiversity conservation, respect traditional knowledge and ensure the equitable distribution of benefits throughout the supply chain.
By joining UEBT, the company is committed to respecting the principles of Ethical BioTrade. This means using practices that promote the sustainable use of natural ingredients while ensuring that everyone in the supply chain receives fair compensation and shares the benefits of using biodiversity. By adopting UEBT Ethical BioTrade practices, companies foster long-term relationships with their supply communities, creating jobs, contributing to local development and helping to preserve local biodiversity.
Consumers are increasingly aware of biodiversity. The ethical practice of sourcing biodiversity will eventually become a fundamental requirement for preferred brands and their suppliers. Adopting ethical and sustainable practices allows companies to differentiate themselves in the market, taking the lead in meeting consumer demand for ethical products. Belonging to UEBT assures investors and consumers that steps are being taken to ensure the ethical and sustainable use of biodiversity. These practices not only contribute to a better world, but also make perfect business sense!
Membership in UEBT implies the establishment of a Biodiversity Management System that covers all natural ingredient sourcing practices and not just certain supply chains. A UEBT member can use their logo to illustrate that they are working to align their practices with those of Ethical BioTrade. However, the logo applies to the organization and its sourcing principles, rather than to specific product compliance. In this sense, the logo is designed to be used by the corporate communications area of the company and not for specific product marketing.
Ethical BioTrade Standard
The 7 principles of UEBT BioTrade are:
Step by step
Step by Step Producer Group