Market conditions created as a consequence of early lockdown measures in 2020 were the catalyst for the development of Standard Bank’s OneFarm Share.
Instantly diminished demand and a consequent over-supply of fresh produce presented a very real challenge for the country’s farmers. Simultaneously food security concerns driven by economic hardship and uncertainty continued to grow. While born out of the crisis and the need to match excess supply to people most in need, OneFarm Share continues to demonstrate its ability to evolve and play a valuable role in addressing larger systemic challenges in the agri-food value chain.
OneFarm Share is a platform facilitated through a partnership between HelloChoice and Standard Bank, and at its core acts as a digital match-maker for food requests from registered charitable organisations and available fresh produce. The early success of the project pilot led to OneFarm Share becoming a formalised product within Standard Bank’s OneFarm offering. As the platform evolves, it has become clear that there is opportunity to uplift emerging farmers and offer CSI-as-a-service to corporate South Africa.
As a result of the great community work by Standard Bank and HelloChoice, OneFarm Share recently took first place at the 2021 EFMA Accenture Banking in Innovation Awards in the Social, Sustainable & Responsible Category; a global recognition that all the platform stakeholders and partners are incredibly proud of.
Making A Difference Across the Agri-Food Value Chain
Since its official launch in February 2021, OneFarm Share has distributed over 5,000 tonnes of fresh produce resulting in an incredible 20 million meals being created. This has fed over one million beneficiaries across South Africa. In 2022, the aspiration is to double this volume: distributing 10,000 tonnes of fresh produce. There are currently 108 contributors on the platform - this cohort comprises 57 emerging farmers (of which, 19 are female), 44 commercial farmers, and 7 food producers.
The platform’s beneficiaries continue to benefit from a reliable supply of fresh, nutritious, South African-grown produce. Larger-scale commercial farmers, with produce that is not-to-spec or excess to offtake contracts, are provided with an opportunity to donate or sell (at a reduced price); this significantly reduces food waste and has a positive impact on the environment. Logistics coordination often sees the use of empty return loads to collect produce directly from the farmers, and thereby reducing the total cost of food distribution. Corporate South Africa can utilise OneFarm Share’s CSI-as-a-service; with the platform providing a conduit for those wanting to donate to food relief through a transparent and auditable channel, as well as being able to support enterprise development, supplier development and a range of additional key CSI focus areas. For emerging farmers, OneFarm Share has created a reliable route-to-market, ensured guaranteed buyers, and assisted in securing fair market-price for their produce.
The Journey From Farm to Fork
In celebration of the success to date, and the continued evolution of the OneFarm Share platform, we have detailed the Farm to Fork journey. “We are incredibly proud of the work being done through OneFarm Share. It is testament to the power of collaboration and the utilisation of innovative technology as a means to solve real-world problems whilst making a meaningful impact” says Lungisa Fuzile, Standard Bank South Africa Chief Executive.
