Biodiesel for economic growth and social impact

Growth Opportunities

Over 100,000 hectares are already identified for development to produce 70 million gallons of oil per year. This can be sold locally or exported. We will replicate this model across the island and the region and eventually into other parts of the globe.

Social Reinvestment

The social strategy is extremely powerful in its own right. Once Dominican Renewables begins operations and develops a strategy of programs and investments in the local communities, it will become very difficult for a competitor to enter the market with a less appealing package of benefits for the workers, because it would fail to attract the thousands of workers that it must if it is to survive and maintain full community buy-in. In this way, the company can shift practices in the entire industry nationwide while at the same time erecting a strong barrier to typical entrants.

Management will run the company in a financially disciplined manner to generate significant financial returns. At the same time, however, we will also generate social returns—measured, documented activities that will have real impact, and that will support and transform the communities in which we work. The company will intentionally structure itself to take on these responsibilities for two primary reasons. First, and foremost, it is the right thing to do. Secondly, however, the company conducts its business in this fashion because it is in the company’s long-term financial self-interest to do so. A defined and integrated economic and social strategy works on a number of different levels to assist the competitive position of the company, while ensuring farmer and social well-being. The farmers benefit not only economically but can also tangibly link the community benefits and sustainability back to the overall enterprise. By having a stake in the overall enterprise, they are motivated to maintain the strong economic and social contract with the company.