13 Jul 2017 The Floriculture Sustainability Initiative, one of IDH's sector coalitions, welcomes Dutch bank Rabobank as new industry member.
Rabobank is active in the international floriculture industry, both in finance and as knowledge centre for the Agri and Food sector. In the Netherlands, Rabobank has a leading position and is also globally active in research, knowledge building and as investor in Food & Agriculture. Through Rabobank Development, the bank assists and guides growers and farmers with cooperative financing and banking, while Rabobank Foundation stimulates sustainable supply chains at farm level.
Promoting sustainable development within transparent, future-proof business models is one of the key priorities for Rabobank. This ambition goes hand in hand with the Floriculture Sustainability Initiative (FSI) market driven and multi-stakeholder approach. Rabobank and FSI members will collaborate to improve practices and drive positive change towards the sustainable production and trade of flowers and plants.
Flowers and Plants is one of the six focus sectors of IDH’s Fresh & Ingredients program, which provides cross-sector solutions on working conditions, agrochemical use and climate change issues. The FSI is a market driven initiative of international organisations with strong participation of both businesses and civil society. FSI members set themselves the ambition to have 90% flowers and plants responsibly produced and traded by 2020. By combining global and local sustainability interests in a pre-competitive way, FSI members are collaborating to improve practices and drive positive change towards the sustainable production and trade of flowers and plants.