Esmée Fairbairn Foundation funds Project X Global
Esmée Fairbairn Foundation funds Project X Global
Project X Global would like to thank the Esmée Fairbairn Foundation for funding the cross-cutting Knowledge Exchange UK component of FEED-X, which will identify the barriers and opportunities for industry-wide adoption of sustainable alternatives in animal feed. The Esmée Fairbairn Foundation has awarded Project X a grant which will be utilised in Stage 9 (industry roll-out) of the FEED-X project, starting with the creation of our Knowledge X-Change programme. This programme is designed to build the required level of confidence for key actors across the value chain to accelerate the rate and scale of the adoption of sustainably fed food.
The Knowledge X-Change programme underpins the systematic 9-stage approach of Project X and its credible design ensures early engagement with key stakeholders. The programme engages with retailers, farmers, financiers, insurers, suppliers, regulators, associations, non-profits and feed companies to promote the understanding of the risks and opportunities of industry-wide adoption of sustainable alternatives. It also provides support in coordinating purchasing, undergoing testing, and the sharing of testing results.
Over the course of the grant there are a selection of outcomes to achieve:
- The fish farming industry becomes actively engaged with the programme
- Stimulate co-ordinated action to support alternative feed initiatives
- Market acceptance of sustainably fed farmed-fish
PROJECT X GLOBAL Certifies as a B Corporation
PROJECT X GLOBAL Certifies as a B Corporation
July 2020: ProjectX Global has announced today its certification as a B Corporation (or B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit. ProjectX Global has been certified by B Lab, the not-for-profit behind the B Corp movement, as having met rigorous social and environmental standards that represent its commitment to goals outside of shareholder profit.
The B Corp certification addresses the entirety of a business’s operations and covers five key impact areas of Governance, Workers, Community, Environment and Customers. The certification process is rigorous, with applicants required to reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. To complete the certification, ProjectX Global has legally embed their commitment to purpose beyond profit in their company articles.
ProjectX Global is now part of a community of over 3,300 businesses globally who have certified as B Corps. The B Corp community in the UK, representing a broad cross-section of industries and sizes, comprises over 300 companies and include well-known brands such as The Guardian, innocent, Patagonia, The Body Shop, and organic food pioneers Abel & Cole.
ProjectX Global are one of the few businesses globally that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.
Project X was founded with the specific goal of bettering the world, and as a values-driven business, we have always worked to carefully balance people, planet and profit in everything we do. Our mission is to radically transform the sustainability performance of 10 industry value chains most responsible for biodiversity decline and climate change impacts in 10 years – also known as our 10 in 10 programme. We are proud to display our B Corp certification; it emphasises that our aims and values are in line with the B Corp community, whose businesses use their profits and growth as a means to a greater end.
Marcela Navarro, CEO and Co-Founder of Project X, says the following,
“Our core aim is environmental transformation on a massive scale. Even our B Corp Pending status allowed us to unleash the unique combination of purpose and profit – we have found that the key to driving fundamental change.
B Corp has also enabled Project X to mobilise massive support – from key multi-national companies in the feed industry, world-leading research institutes and Universities, major retailers, EU research funds, major environmental campaigners, charitable foundations and philanthropists, together with many leading individuals in the scientific, environmental and financial community.
Project X and B Corp have assembled this unique community to really make a difference to the world’s environment.“
Peter Bennett our FD who led the B Corp process said
“We are incredibly grateful for the growth allowed by our year-long journey to become a certified B Corporation; the profound and thought-provoking questions that the process asked of us provided, the opportunity to discover potential blind spots in the company and for us to learn how to unite our values with the operation of the business even more closely than before.
Can I add that we have received tremendous support from our lawyers – Bates Wells – both on the B Corp journey and the operational challenges of the last two years”.
Kate Sandle, Director of Programmes and Engagement of B Lab UK, says “We are delighted to welcome ProjectX Global to the B Corp community. This is a movement of companies who are committed to changing how business operates, who believe business really can be a force for good. We know that ProjectX Global is going to be a fantastic addition to the community and will continue driving the conversation forward”.
“We are pleased to have B Corps of all shapes and sizes as part of our community – from startups to multinationals, and across many different industries. Business is a powerful force, and one that – as these companies are showing – can be used for good. Welcoming ProjectX Global is a particularly exciting moment because we’ve seen that the supply chains of the major corporates worldwide are in particular need of a shakeup. We and the rest of the B Corp community are really pleased to support ProjectX Global in paving the way for a new way of doing things”.
“Being able to welcome ProjectX Global to the B Corp community is hugely exciting. Their commitment to doing business differently will be an inspiration to others and really help spread the idea that we can redefine success in business to be as much about people and planet as it is about profit”.
Project X at Animal AgTech Innovation Summit
Project X CEO Marcela Navarro chairing panel on supply chain transparency and traceability
The Animal AgTech Innovation Summit is going virtual and this year’s event is being held on September 14, 2020. It will feature interactive group discussions and critical intelligence on how the animal agtech sector will emerge from the current crisis.
Project X’s CEO Marcela Navarro is confirmed as one of the speakers at this important event, alongside other experts and industry leaders including those from Microsoft, Danone, Austral Fisheries, Tesco, Aqua-Spark and McDonald’s Corporation.
With a focus on sustainability, innovation and collaboration, Marcela and her fellow speakers will be sharing insights on how the animal agtech industry is shaping food security, as well as exploring new opportunities in animal health, nutrition and precision farming.
Marcela will be chairing a panel discussion session entitled ‘Supply Chain Safety, Transparency and Traceability – Creating Connectivity between Industry and Consumer’, with speakers at the session including David Carter, CEO of Austral Fisheries and Claudia Rössler, Agriculture – Strategic Partnerships at Microsoft.
The session will cover key issues including how the industry can use digital tools to prove its welfare, sustainability and quality credentials, the impact that blockchain is having on supply chain safety, transparency and traceability, and the possible collaboration between industry stakeholders.
Marcela Navarro said: “I’m delighted to be taking part in this year’s Animal AgTech Innovation Summit, and especially pleased to be chairing the panel on Supply Chain Safety, Transparency and Traceability.
“Project X helps organisations adopt sustainable innovations in their supply chains and our focus is to help entire industries step change their sustainability performance, so I’m looking forward to chairing an insightful panel discussion with such experienced speakers in this area.”
You can register here for the Animal AgTech Innovation Summit.
I am excited to chair the panel discussion on ‘ Supply Chain Safety, Transparency and Traceability – Creating Connectivity between Industry and Consumer’ @AnimalAgTech. Join me online on September 14. Details at: http://bit.ly/30mxFsj
Project X at World Agri-Tech Summit
Join our CEO, Marcela Navarro, other experts and influential figures in the world of animal health and nutrition
We are delighted that Marcela Navarro, CEO at Project X, will be a panel member and leading a roundtable discussion at the World Agri-Tech South America Summit at the end of July.
Each session in this important event will take place via an online stream within the virtual event platform, and on 30th July from 2.20pm – 2.50pm BRT* Marcela Navarro will be a panel member for a discussion session as part of the Animal Health and Nutrition track in the summit: Increasing Sustainability and Quality Through Alternative Feed Solutions.
Marcela is on the panel alongside other experts and influential figures in the world of animal health and nutrition including: Cristiano Veloso, President and CEO of Verde Agritech; Carlos Saviani, Global Sustainability Lead for Animal Nutrition and Health at DSM; Luis Azevedo, former Executive Director Business Development at Novus International and Vinicius Chiappetta, Global Livestock Director – Digital Insights at Cargill.
The panel will discuss the most important issues facing the industry such as how it is addressing key challenges in animal nutrition, how innovation can support more sustainable sources or the greater nutritional profile of feed, and the regulatory concerns for animal feed innovation.
Marcela will also be hosting a virtual roundtable discussion on 30th July from 12.45pm – 13:30pm BRT* which will be held via a Zoom call and offers the opportunity for small groups of people to drill down into important industry topics. More information about this roundtable discussion topic and how to take part will be available very soon – watch this space!
Register for the World Agri-Tech Summit by June 30 to secure your place for the Early Bird price $195
*BRT is -4 hours from British Summertime – please ensure you check local timezones if you would like to attend these events.
