Press Releases - December 04, 2024
San Francisco, CA, December 4, 2024 — Sustainable Ocean Alliance (SOA) and the Solar Impulse Foundation (SIF) join forces today to announce the launch of the Ocean Solution Label. This new label seeks to recognise companies and startups providing ocean-positive solutions that restore and sustain ocean health, building on SIF’s Efficient Solution Label.
Drawing on the globally recognized expertise of the Solar Impulse Foundation evaluating clean and profitable Solutions, this initiative strengthens the Sustainable Ocean Alliance's commitment to identifying, supporting, and scaling high-impact ocean solutions. By merging SOA’s leadership in ocean innovation with SIF’s rigorous evaluation process, the Ocean Solution Label aims to elevate ocean-focused businesses, ensuring they receive global recognition and support.
“The Ocean Solution Label is the latest example of Sustainable Ocean Alliance’s efforts to maintain the world’s strongest and most rewarding ocean champions network,” said Daniela V. Fernandez, Founder & CEO of Sustainable Ocean Alliance. “We’re honoured to partner with a prestigious organisation like the Solar Impulse Foundation to bring our collective networks together to create a more sustainable future. SOA is looking forward to welcoming even more innovative minds contributing to the restoration of our ocean and changing the narrative around profitable change into our collective networks.”
"The partnership with Sustainable Ocean Alliance is a significant step forward in our mission to identify and give a label to solutions that protect the environment in an economically profitable way," said Dr. Bertrand Piccard, Founder & Chairman of the Solar Impulse Foundation. “By focusing together on ocean solutions, we want to show how sustainable forms of economic activity coexist with ocean protection. I hope that a specific label for oceans, like this one, will be the first of many collaborations encouraging organisations of all sectors to see the value of promoting solutions that protect the planet while being economically viable.”
Ocean Solution Label awardees’ benefits include:
Certifying their solution as ocean-positive, clean, and profitable through a vetted certification process;
Obtaining a co-branded letter of support from SOA and the SIF recognizing their contributions to advancing ocean innovation;
Enhancing their brand visibility, opening doors to new market opportunities and collaborations;
Getting priority access to join SOA’s Ecopreneur Network to grow, scale, and amplify their ocean-positive solution, and;
Connecting with over 250+ qualified ocean investors and VCs in SOA’s network to advance their fundraising efforts, among other benefits.
The application process involves a rigorous evaluation by independent experts, assessing each solution's feasibility, environmental impact, and economic viability, with a specific focus on its positive impact on ocean health. Only solutions that meet stringent criteria for sustainability, profitability, and ocean stewardship will be awarded both the Efficient Solution Label and the Ocean Solution Label.
For consideration, applicants must:
Address key ocean challenges (e.g., plastic pollution, acidification).
Show significant positive impact on the ocean and include methods to measure impact
Ensure low potential for unintended negative consequences.
Be eligible (criteria below) and complete the application process for the Efficient Solution Label*:
Must be a product, process, or service based on partially or fully owned technology.
Demonstrate quantifiable environmental impact vs. conventional alternatives.
Offer economic benefits for the client
At least TRL 6-7
Contribute to the UN Sustainable Development Goals (SDGs);
Applications are accepted on a rolling basis, with innovators expected to complete submissions within 30 days, followed by an initial internal review by the SIF team. Validated solutions are then assessed by three independent experts, which can take 15 days to several months based on availability, complexity, and the innovator's responsiveness to inquiries via an anonymous chatbot. A final review and validation of experts’ evaluations is performed, followed by the final outcome declaration. The entire process takes approximately 60 to 120 days, depending on application complexity and applicant responsiveness.
*Applications and evaluations for the Efficient Solution Label and the Ocean Solution Label occur simultaneously.
Call to Action:
Are you a startup committed to ocean sustainability? Don’t miss the opportunity to gain recognition for your innovative solutions!
Apply now for the Ocean Solutions Label and join a growing network of ocean-positive companies making a difference. Visit soalliance.org to learn more and start your application today!
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