This group serves to track progress made by Maven Hemp towards the Community Impact area of the B Impact Assessment.
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What percentage of your company’s Cost of Goods Sold (including value-adding activities) was spent within the country of operations, from in-country registered companies or national citizens?
As per the attached Cost of Goods sold report for 2020 and 2021, all expenditures other than Import Purchases occurred within the company’s country of operations (Nepal).
Import Purchases: 16,091.00
Total COGs: 833,264.08
Total National Sourcing for 2021: 98%
Import Purchases: 666,131.00
Total COGs: 2,823,996.00
Total National Sourcing: 76.5%