Governance

Built by the Trade. For the Trade.

Sourcery is a community of forward-thinking Partners rewriting the rules of commodity trade. Partners are not just users of the platform. They are members who shape it, and owners who share in its growth.

ProducerPartner TradePartner ManufacturerPartner BrandPartner
Governance Model

Shared Direction. Shared Voice. Shared Value.

A for-profit, multi-stakeholder governance model built for global trade.

  • 01

    Shared Direction

    An independent, fiduciary Board of Directors.

    Strategic oversight that guides long-term vision, accountability and institutional integrity.

  • 02

    Shared Voice

    An elected Membership Council.

    Producers, Manufacturers, Traders, Brands and Impact Partners advise on platform policy and how Sourcery evolves.

  • 03

    Shared Value

    Participation tied to long-term ownership.

    Platform engagement connected to shared growth, responsibility and collective success.

Governing Bodies

How Sourcery Is Governed.

Three bodies, each with a clear role. Select one to see what it does.

PartnersProducers, Manufacturers, Traders, Brands and Impact Partners
Partners and investorsEquity Credits and direct investment
Elect
Own shares
Recommends
Confirm investor seats
Oversees
Executive teamRuns Sourcery day to day

Shared Direction

Board of Directors

The independent, fiduciary Board of Sourcery Group, Inc., the parent company, has up to nine directors and provides strategic, financial and legal stewardship.

  • Long-term strategy and platform direction
  • Financial oversight and capital allocation
  • Risk, compliance and data integrity governance
  • Executive oversight and accountability

Shared Voice

Membership Council

Five seats elected by Partners represent Producers, Manufacturers, Traders, Brands and Impact Partners. The Council sits within Sourcery Partners, LLC and is advisory: it makes recommendations, but has no vote and no legal oversight of the Board.

  • Recommends policies and trade standards
  • Provides technology and usability feedback
  • Proposes improvements to the network
  • Escalates risks or concerns to the Board

Shared Value

Shareholders

Shareholders own Sourcery Group, Inc. Partners join them when their Equity Credits convert into non-voting common stock.

  • Approve major amendments to governing documents
  • Approve new share classes and major transactions
  • Confirm investor-designated Board seats
Ownership Structure

Who Owns Sourcery?

Up to 75% of Sourcery is reserved for its Partners. Founders and investors hold the rest.

Owned by the people who trade on it.

Up to 75% of Sourcery is reserved for its Partners. Partners earn their share through Equity Credits as they trade on Connect, or invest directly to take a larger stake. Founders and investors hold the remaining 25%.

Partners, up to 75%Founders and investors, 25%

How the Group is structured

ShareholdersFounders, investors and Partners, through Equity Credits
Own
Parent company

Sourcery Group, Inc.

The holding company. It owns Sourcery's intellectual property and is where Partner ownership sits.

  • Home of the Board of Directors, up to 9 seats
  • Issues shares when Partners convert their Equity Credits
  • Administers the Equity Credit Programme
Subsidiaries
Operating company

Sourcery Partners, LLC

Runs Connect under licence from Sourcery Group, Inc. Your membership agreement is with this company.

  • Operates the platform and the Partner network
  • Contracting party for every Member
Membership CouncilFive elected seats, advisory

Makes recommendations to the Board. It has no vote and no legal oversight of the Board.

Services company

Sourcery Advisory, LLC

Delivers Sourcery's advisory services to Partners and buyers.

  • Solution mapping
  • Transformation of Trade for Good seminars
  • Engineering services
  • Shares sit with the parent.Equity Credits convert into non-voting common stock in Sourcery Group, Inc., where the Board sits.
  • Membership is with the operator.Members contract with Sourcery Partners, LLC. Membership on its own does not grant equity.
  • The Council advises.The Membership Council recommends policies and standards. Decisions rest with the Board.

Summary only. The Membership and User Agreement and the governing documents below set out the full terms. This is not an offer to sell securities.

Governing Documents

Read the Fine Print.

The agreements that set out how Sourcery is owned, governed and used.

  • Membership and User Agreement

    The terms of membership for every Partner company, and of using Connect.

    Download PDF
  • Equity Credit Programme

    How Partners earn Equity Credits through trade, and how they vest into shares.

    Download PDF
  • Partner Governance

    How the Board, the Membership Council and Shareholders work together.

    Download PDF
Membership

Trust in Trade Is Everything.

Download Connect to become a member and start trading for free.

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