In order to help you make effective decisions both:
Hampr's team has curated a set of ESG Classifications categories and surface this information throughout the platform.
Hampr classifies Partners (and some Items) using the following 7 categories:
Hampr believes that supply-chain transparency initiatives create a bridge between users and the partners they choose to do business with. These initiatives empower users to reinforce values that are important to them, and establish incentive mechanisms for businesses to consider these values. Hampr is a strong believer that eliminating information asymmetry barriers empower both users and merchant partners.
Hampr has developed an internal framework for identifying if a classification is suitable for a particular Partner. This framework takes a number of factors into account, to determine classification eligibility.
Hampr's framework is based on a Decision Matrix Analysis (a quantitative decision-making tool that helps evaluate and prioritise based on a set of predefined criteria); each question is weighed differently with a set of corresponding points, based on customers' ethics and social business requirements.
Hampr evaluates Partners against this framework based on information supplied by the Partner, and if a Partner has achieved a particular threshold of points within a particular ESG Classification category, they are deemed to be suitable/eligible for that particular category.
In some cases, a Hampr partner may be a wholesaler that offers a range of branded products (this is especially common in the Pantry area of the platform). For example, large chain supermarkets may offer products from manufacturers such as:
In this instance we would classify the Hand Wash item as "Social Enterprise" (even if the classification didn't apply to the wholesaler). We believe this approach more accurately reflects the intention of users when interpreting ESG Classification information.
Please reach out to Hampr's team, we'd love to assist your business in achieving its ESG objectives and are ever-committed to adjusting out platform to better support your effective decision making needs.