I’ve been corrected on the price - looks like I was using an older quote.
I do realize that their point is to make the phone’s manufacturing process fairer, but their older models were more decently priced, so I wonder how much of that tag is actually due the higher cost of manufacturing.
Still, since people switch phones a lot earlier than EoL, it would be nice if there was a way to discourage the frequent switching ( for marginal performance gains ) and instead encourage keeping smartphones until EoL ( which, granted, for some manufacturers is less than 2 years )
Fairphone is a social enterprise, and most Dutch companies presenting themselves as such are actually held to certain standards.
I haven’t confirmed this myself, but I wouldn’t be surprised if they actually publish all of their expenses so you can do the math yourself.
They have published a full breakdown for an earlier model: Over here
Oh wow I didn’t know they published the cost breakdowns for some of their models thats really cool! Thank you for posting that
Regular companies have an obligation to deposit their annual accounts with the chamber of commerce, but social enterprises tend to go above and beyond because their focus is not on economic gain, but on socio-economic gain.
There is no legal obligation to do anything special when you call yourself a social enterprise, that I know of. But using the description for bragging rights does put your company under increased scrutiny from the community and from researchers.
All kinds of modeling methods have been invented to make social-economic impact part of the businessmodel. Some of those methods are even similar to Alex Osterwalder’s widely used Business Model Canvas.
Some social enterpreneurs also make use of specific constructions using certain legal forms to prevent shareholders from steering the company away from its original goal. For example: some will opt to make a “stichting” (foundation) the majority shareholder of the main company. The stichting having auditing and course correction as their main purpose.
If you would like to know more about social enterprises, the dutch chamber of commerce has published a great article (in english) on the subject.