Golden 8 Mission:
We are part of the world recognized CITES, Convention of International Trade of Endangered Species of Wild Flora and Fauna, Appendix 2; meaning our source of oil must stay at a sustainable level indefinitely.
Golden 8 is the first company globally to provide a range of formulated products from an ethically-sourced raw material that is participating in a circular sustainable economy.
We are also a part of the best incentive-driven conservation program in the world which supports indigenous communities and their generation of income.
Livelihood Benefits to rural communities:
Hundreds of people from rural communities, including many Aboriginal communities, are employed in the harvest and farming of Saltwater Crocodiles. Most of these jobs are in remote rural areas where other jobs are very scarce.
Many Aboriginal groups in the Northern Territory of Australia have strong cultural and spiritual relationships with crocodiles as a totem, and Saltwater Crocodiles are an important motif in Aboriginal Art. Involvement in the crocodile harvest and management builds on and strengthens cultural and traditional knowledge and practices of indigenous people, enabling them to stay "on country" using traditional skills, rather than moving to urban areas for jobs.
Saltwater Crocodile populations have steadily increased in the Northern Territory under sustainable harvesting. (see Fig 1)
Source: CITES & Livelihoods Case Study 2019 <Saltwater Crocodile harvest and trade in Australia> cites.org/eng/prog/livelihoods