In 2013, Fairphone was officially established as a social enterprise. By creating a smartphone, Fairphone can open up the supply chain and find out where the materials come from and can use commercial strategies to maximize our social impact at every stage of the value chain, from sourcing and production to design and recycling. Together with their community, Fairphone is changing the way products are made.
By establishing a viable market for ethical consumer electronics, Fairphone is motivating the entire industry to act more responsibly
Sustainalize supported Fairphone by professionalizing the gathering of data, validating key impact indicator data and providing investors with a statement on the outcomes of our work performed. As such the work of Sustainalize enabled Fairphone to improve its reporting processes.
An additional spin off from this project was that it inspired one of Fairphone’s impact investors to request similar assistance from us for its other portfolio clients in order to ensure impactful investments.