OLVEA Burkina Faso is now a member of the UEBT, the Union for the Ethical BioTrade, a non-profit association that promotes the “Sourcing with Respect” of ingredients that come from biodiversity.
In becoming a member of UEBT, OLVEA Burkina Faso commits to the principles of Ethical BioTrade: ensuring that sourcing practices promote the conservation of biodiversity, respect traditional knowledge and assure the equitable sharing of benefits all along the supply chain.
Through this membership, which recognizes the hard work provided in ethical sourcing, OLVEA Burkina Faso maintains its commitment in sustainable development.
As pointed out by Stéphanie Paquin-Jaloux, Programme Officer at UEBT: “The interest and innovation in OLVEA Burkina Faso’s approach is that they have set up a subsidiary on-site, which locates the added value of the product, and their goal is to improve the supply chains in order to control them in a better way. To do so, they have direct contact with the women's cooperatives, which allows them to make sure the pricing is fair and transparent.”
OLVEA Burkina Faso is a responsible economic player committed to promote equitable and fair development, located in Bobo Dioulasso. This company is the Shea butter production unit of OLVEA Vegetable Oils which produces solvent-free first press Shea Butter and has an annual trituration capacity of around 3.500 tons of Shea kernels.
Since its creation, OLVEA Burkina Faso has developed a “sustainable supply chain” approach, which relies on transparent and long-term relations with women’s cooperatives. This partnership is embodied by a contract. The objectives of this approach are:
- a higher remuneration for the women,
- a control of the quality of kernels through regular trainings,
- guaranteed commercial outlets for women’s cooperatives,
- a close day-to-day work with the cooperatives,
- and a total and unique traceability, from the kernels supplied by the women to the butter delivered worldwide.
OLVEA Group headquartered in Saint Leonard (France), counts more than 140 employees worldwide and generates a sales turnover of 65 millions euros, 70% of export.
With over 80 years of experience, the OLVEA Group is specialized in the production, refining and trade of:
- Vegetable oils for the cosmetic, pharmaceutical and food industries, with its subsidiaries OLVEA Vegetable Oils (France), OLVEA Morocco, production unit of argan oil and OLVEA Burkina Faso, production unit of shea butter.
- Fish oils for the petfood, food and pharmaceutical industries, with its subsidiaries OLVEA Fish Oils (France), OLVEA Atlantic (Morocco) and OLVEA Mauritania.
- Animal oils for leather treatment and as lubricant with its subsidiary OLVEA Fish Oils (France).
The OLVEA Group daily proves it possible to promote natural products with exceptional properties, while guaranteeing total traceability, controlled quality, and also contribute to sustainable development.
Watch our movie: http://www.youtube.com/watch?v=w0MxsGG749I
Visit our websites: www.olvea.com – olvea.com/vegetable-oils -olvea.com/burkina-faso
Caroline MAYAUD, Communication Manager of the OLVEA Group, cmayaud@olvea.com
