ECOM Agroindustrial

ECOM Agroindustrial is a commodity merchant and supply chain management company based in Switzerland. Founded in 1849, it provides raw materials to a range of global manufacturers, with coffee, cotton and cocoa among its most important commodities. ECOM's business model includes direct relationships with smallholder farmers, as well as large multinational buyers. The family-owned company has over 40 offices located in over 35 countries around the world.

Baseline assessment

Environment

Started the journey

Nutrition

Room for improvement

Social inclusion

Started the journey

Summary

ECOM Agroindustrial publicly discloses a number of social and environmental commitments but has significant room for improvement when it comes to nutrition. The company has made commitments to sustainably source its commodities, promote soil health and minimise fertiliser and pesticide use through regional programmes on agroforestry and environmentally friendly alternatives to agrochemicals. While the company reports on its annual water consumption, it has not committed to minimising its total water use. Furthermore, it lacks commitments to reduce its GHG emissions, minimise food loss and reduce plastic and packaging waste. Given its role as an agricultural trader, the company has less impact on nutrition issues compared to companies involved in the manufacturing of consumer products. However, the company lacks public disclosure on commitments on workforce nutrition and food safety. In terms of social inclusion, the company is committed to eliminating child and forced labour in its own operations and supply chain and improving the health and safety of its workers. The company is committed to farmer productivity by offering advisory services to build farmers’ financial capabilities and training to improve farmers’ understanding of and response to climate risks. Moreover, the company offers empowerment initiatives addressing agricultural and financial literacy among women producers. However, the company does not commit to paying a living wage or protecting land tenure rights.

Food and Agriculture Benchmark

The Food and Agriculture Benchmark will assess 350 keystone companies on the issues underpinning the food system transformation agenda. The benchmark’s aim is to stimulate companies to apply sustainable business practices throughout their operations as well as use their influence to encourage value chain partners to do the same. WBA has organised the food and agriculture value chain into six sub-sectors. These sub-sectors are also reflected in the methodology framework.

Food and agriculture revenue
n/a
Food and agriculture revenue USD
n/a
Onwnership structure
Family-owned
Number of employees
6,000

Value chain sub-sectors

Other benchmarks

The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.

There are currently no benchmarks for this company Return to companies list