Season 312 Episode 11301
S3 E12 Dignity Coconuts exemplifies the power of business as a force for good with Erik Olson
Dignity Coconuts is a social enterprise committed to combating modern-day slavery in coconut farming communities. Founded in 2010, the company was inspired by the need to address trafficking, particularly among women from impoverished rural areas, many of whom are vulnerable due to exploitative coconut farming practices. Dignity's approach integrates job creation, direct trade, education, and access to clean water. Key Facts: Location: The production plant is in a seaside village in Bicol, Philippines. Impact: Employs 121 workers, partners with 156 organic-certified farmers, and plans to expand both workforce and farmer contracts significantly. Mission: To provide sustainable livelihoods and help farmers escape predatory practices. Retail Presence: Products are available in over 1,200 U.S. stores, including Stop & Shop, Meijer, and Central Market. Product Highlights: Dignity Coconuts pioneered a centrifuge method for producing premium raw virgin coconut oil, preserving its micronutrients. Products include raw coconut oil, vegan lip balms, and clean beauty kits, all 100% organic, non-GMO, and bottled at the source. Founders: Stephen Freed: CEO & Co-Founder, with extensive leadership experience in global non-profits. Erik Olson: USA President, combining business acumen and humanitarian work. Dr. Don Byker (late): Co-Founder with a background in academia and consulting, contributing to the company's mission-driven vision. Dignity Coconuts exemplifies the power of business as a force for good, combining sustainability, innovation, and ethical practices to uplift communities. #philmasiello #crunchingyourgrowth #dignitycoconuts #Socialenterprise