Happy Earth Day from Industree Foundation! COVID-19 has demonstrated the effects of a crisis hitting an unprepared world, which is why it is crucial to address the climate crisis while there is still time to make a difference and save our planet. As developing regions of the world, especially India with its 1.3 billion people, continue to industrialize and bring its population into the work force, it is essential that they do so sustainably. In order to change the way that modernization has impacted people and the planet, the production methods for the largest consumption sectors such as food, fashion and lifestyle, must be addressed, with a sustainable alternative. Industree Foundation’s approach to creating socially and environmentally sustainable products is through distributed ownership, an enterprise ownership model where the members are owners of the company and share the profits as a cooperative. It can be adopted to create inclusive economic growth, achieve a host of SDGs, and curb the environmental degradation enacted by traditional manufacturing.
Industree’s use of this model brings work to rural areas, with a focus on employing and empowering women. Through Industree’s many partnerships with investors and government, including its Producer Owned Women Enterprises (POWER) project in collaboration with USAID, we are bringing women producers directly in the natural fibre, bamboo, and biodegradable leaf tableware value chains through the establishment of producer owned companies. Through the combination of the distributed ownership model and production with natural materials, Industree is actively working to transform the future of the planet and the betterment of its most vulnerable populations.