EcosystemSUMMIT & RESEARCH
The ownership economy · Keynote + Q&A · 24:49

Beyond the label: who has power, and who benefits?

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Session participants: Elizabeth A. Bennett. “Beyond the label: who has power, and who benefits?.” From Multi-Stakeholder Standards to Shared Rails: Ownership as the Missing Layer in Trusted Commerce. ECOSYSTEM Summit, Barcelona, 17 September 2026. Session time 0:00–24:49. https://cs-ecosystem.commonshare.workers.dev/talks/standards-and-shared-power

Research overview.

An interpretation of the recorded conversation.

Elizabeth A. Bennett presents research on voluntary sustainability standards (VSS), identifying her university roles and advisory participation in the UN Forum on Sustainability Standards. She states that the research community she invokes is not funded by certification bodies. This is a relevant stated relationship, not an automatic credibility score. The presentation reconstructs four functions and limits: standards can incubate policy ideas; inclusion can occur without power; distributive promises can remain unimplemented; and shared infrastructure could reduce redundant work without eliminating institutional diversity.

Her answer to whether certification works is deliberately conditional across places, standards and periods. A reported study of the EU due-diligence negotiating process argues that previously tested voluntary ideas were more likely to enter policy. This is a different outcome from direct improvements in producer welfare. Her trilemma describes tension among rigour, uptake and credible verification. It is a heuristic and proposed target for technical support, not a proved impossibility theorem.

The governance study reports examining 33 organisations' two top bodies, reserved seats, votes and vetoes. The distinction between being invited to contribute resources and being able to stop a decision is central. The reported percentages refer to specific institutions, rather than all standards or workers. The proposed remedy is verified gatekeeping power for workers and civil society, explicitly distinct from business associations.

Value sharing has two dimensions in the talk: covering the real costs of production, including basic needs through living wages, and widening ownership or profit participation. Her research experience reports written living-wage requirements being translated into minimum-wage audits because definitions, data and auditor resources were missing. She describes a more recent collective effort to establish credible wage estimates, while explicitly saying implementation still lags. Availability of a benchmark is not proof that wages rose.

The Q&A matters. A PEFC participant agrees on data and redundancy but signals unresolved disagreement over power and distribution, asking for the basis of the credibility concern. Bennett explains the wage-audit mechanism. Another participant seeks consolidation to reduce confusion; she acknowledges donor-fragmented origins but defends diversity as enabling different entry points. This is a real strategic tension between harmonisation and institutional plurality. Her historical label-origin account and all numerical and legal claims remain unverified.

Evidence from this session.

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