Fairphone B.V is a Dutch company that operates in the mobile phone sector. The company is known for its commitment to sustainability and ethical practices. Fairphone was founded in 2010 by Bas van Abel, who was frustrated with the lack of transparency and ethical practices in the electronics industry. The company's mission is to create a fairer, more sustainable electronics industry by producing ethical smartphones that are designed to last.
Fairphone's commitment to sustainability is reflected in its approach to decarbonisation. The company recognises that the electronics industry is a significant contributor to greenhouse gas emissions and is committed to reducing its carbon footprint. Fairphone has set a target to reduce its carbon footprint by 50% by 2030. To achieve this goal, the company is focusing on reducing the carbon footprint of its products, operations and supply chain.
One of the ways Fairphone is reducing its carbon footprint is through its corporate energy strategy. The company is committed to sourcing 100% renewable energy for its operations. Fairphone has already made progress towards this goal, with 95% of the energy used in its Amsterdam office and warehouse coming from renewable sources. The company is also working with its suppliers to encourage them to transition to renewable energy.
Another way Fairphone is reducing its carbon footprint is through corporate power purchase agreements (PPAs). PPAs are agreements between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period. Fairphone has signed a PPA with a wind farm in the Netherlands, which will provide the company with 1.5 million kilowatt-hours of renewable energy per year. This is equivalent to the energy used by 500 households in the Netherlands.
Fairphone's commitment to sustainability is not limited to decarbonisation. The company is also committed to ethical practices throughout its supply chain. Fairphone works with suppliers to ensure that they meet the company's ethical standards, which include fair wages, safe working conditions and environmentally responsible practices. The company also sources materials from conflict-free sources and is committed to reducing the use of hazardous chemicals in its products.
Fairphone's commitment to sustainability has been recognised by a number of organisations. The company has been awarded the B Corp certification, which recognises companies that meet high standards of social and environmental performance, transparency and accountability. Fairphone has also been recognised by the United Nations for its commitment to sustainable development.
Fairphone's commitment to sustainability is not just good for the environment and society, it is also good for business. Consumers are increasingly concerned about the environmental and social impact of the products they buy. By producing ethical smartphones, Fairphone is tapping into a growing market of consumers who are willing to pay a premium for products that are produced in an ethical and sustainable way.
In conclusion, Fairphone B.V is a Dutch company that operates in the mobile phone sector. The company is committed to sustainability and ethical practices, with a focus on decarbonisation, corporate energy, corporate PPA and renewable energy. Fairphone's commitment to sustainability is reflected in its approach to reducing its carbon footprint, ethical practices throughout its supply chain and sourcing materials from conflict-free sources. Fairphone's commitment to sustainability has been recognised by a number of organisations, including the B Corp certification and the United Nations. By producing ethical smartphones, Fairphone is tapping into a growing market of consumers who are willing to pay a premium for products that are produced in an ethical and sustainable way.