Sustainability Solved

15 Jun 2020 · 45 min

0:00

In this Green Element Podcast episode, host Will Richardson interviews Paul Hargreaves, founder and CEO of Cotswold Fayre, a UK‑based wholesaler of artisan food and drink that supplies independent retailers. Paul recounts his unconventional path from a zoology degree and community work in inner‑city London to starting a food‑wholesale business in 1999. He describes the rapid growth of the specialty‑food market, the challenges of scaling (including a disastrous 2014 IT system rollout, loss of staff, and cash‑flow crises) and how the company recovered by bringing in experienced finance leadership and refocusing on purpose. The conversation pivots to Cotswold Fayre’s B Corp certification (achieved in 2015, before the UK launch) and how the certification aligned with Paul’s long‑standing belief that business should serve a social purpose. He explains the creation of employee‑led “change groups” that embed environmental, people and innovation goals throughout the firm, and how this bottom‑up approach has generated ideas and engagement. Paul shares how supplier relationships are strong (over 30 food‑drink B Corps in the UK) and recounts a moving supplier conference that inspired pledges and tears. He also discusses the difficulty of convincing retailers of the value of purpose‑driven business, noting modest commercial benefits but growing awareness. On the environmental front, Paul highlights the inherent carbon‑saving nature of wholesale consolidation and a recent logistics redesign that cut 1.7 million vehicle miles (46 % emissions reduction) by moving the warehouse closer to London and partnering with a data‑rich logistics provider (GEODIS). He offers advice to listeners, emphasizing the power of employee‑owned change groups and the Japanese concept of ikigai – doing what you love, are good at, get paid for, and that the world needs – adding a fourth “bottom line” of personal well‑being. Paul also mentions his book, Forces for Good, which expands the triple‑bottom‑line framework to four pillars (people, planet, profit, self) and is available in print and audio. The episode ends with practical contact details for Cotswold Fayre and Paul’s speaking work.

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