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Chefs on Fire II
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Chefs on Fire II

Boutique multi-award-winning festival of sustainable gastronomy.
Investment overview
Impact category
green_economy
Investment type
loan
Yearly interest
8
%
Term
12
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
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Description
Impact
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Promoter

What will you be financing?

LOHAD creates special experiences anchored in the mission of "sustainable hedonism" - the idea that it creates pleasurable experiences for its clients in a sustainable way.

One of the areas where the promoter has been most successful is gastronomy - a strategic theme for Portugal and its culture. Its most paradigmatic project is Chefs on Fire, an important gastronomic festival. Since the first edition, the event has put forward a set of sustainability measures focused on reducing its carbon footprint and on the conviction that the future of festivals must include a reduction in capacity, hence the concept of a boutique festival.

This campaign's goal is to finance the expansion of Chefs on Fire in its international debut in Madrid, as a reference brand outside Portugal, and to promote the festival's framework as a case study in the sustainable-gastronomic market.

The funds raised will be used to: 

  • Co-financing the first edition of Chefs on Fire Madrid
  • Support for hiring a positive impact consultant and developing a project to measure the impacts produced,
  • Implementation of sustainability initiatives in the areas of responsible food; energy and emissions; water and sanitation; mobility and transportation; biodiversity and community,
  • Support for media trips by international journalists.

What is the impact?

Direct

  • Promotion of local partnerships based on Education: the partnership with the Complutense University will encompass the reforestation program, the inclusion of the university’s students in workshops and professional training and free access to the festival. The university will have a central role in the implementation of Lohad’s sustainability strategy for the Madrid edition.
  • Promotion of an Inclusive Local Economy and Sustainable Consumption: For its Madrid edition, the festival partners with Universidade Complutense to work with local farmers and producers, ensuring local supply, while also promoting sustainable consumption by avoiding single-use plastics and using reusable or biodegradable materials.
  • Prevention and reduction of food waste: Lohad’s strategy is developed to avoid food waste, including composting and recycling stations, food recovery partnerships, and waste-conscious recipes created with the Chefs with the goal of achieving zero food waste by 2030. Universidade Complutense will be a partner to implement the strategy in the Madrid edition of the festival.
  • Reforestation for impact neutrality: to offset the wood used for fire cooking, the festival plants trees, ensuring reforestation exceeds consumption. In the Madrid edition, the festival cooperates with Complutense University to implement the reforestation program.

Indirect

  • Implementation of a Climate and Sustainability Strategy: Chefs on Fire has partnered with Because Impacts, an agency for impact projects, to create a five-year sustainability strategy focusing on seven areas of action.
  • Sustainable and more efficient use of natural resources: the festival uses renewable energy sources for the production of energy used in lighting and sound systems, eliminating fuel generators and is transitioning to energy-efficient equipment. The event offers low-flow toilets, with showers and taps that reduce the amount of water used.
  • Promoting sustainable habits and community synergy and access: the festival is implementing an area for families and children with a sustainability education program focused on zero waste for all. The event promotes accessibility and inclusion through staff training. Lohad maintains a policy of open communication with the community around the event’s location, distributing flyers with relevant information about road closures and noise permits and offering of festival’s tickets. The organizers keep an open contact channel for all the neighbouring citizens.

Impact indicators

CO2 avoided per year
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About Adega Cooperativa Cantanhede

Direct

  • Promotion of local partnerships based on Education: the partnership with the Complutense University will encompass the reforestation program, the inclusion of the university’s students in workshops and professional training and free access to the festival. The university will have a central role in the implementation of Lohad’s sustainability strategy for the Madrid edition.
  • Promotion of an Inclusive Local Economy and Sustainable Consumption: For its Madrid edition, the festival partners with Universidade Complutense to work with local farmers and producers, ensuring local supply, while also promoting sustainable consumption by avoiding single-use plastics and using reusable or biodegradable materials.
  • Prevention and reduction of food waste: Lohad’s strategy is developed to avoid food waste, including composting and recycling stations, food recovery partnerships, and waste-conscious recipes created with the Chefs with the goal of achieving zero food waste by 2030. Universidade Complutense will be a partner to implement the strategy in the Madrid edition of the festival.
  • Reforestation for impact neutrality: to offset the wood used for fire cooking, the festival plants trees, ensuring reforestation exceeds consumption. In the Madrid edition, the festival cooperates with Complutense University to implement the reforestation program.

Indirect

  • Implementation of a Climate and Sustainability Strategy: Chefs on Fire has partnered with Because Impacts, an agency for impact projects, to create a five-year sustainability strategy focusing on seven areas of action.
  • Sustainable and more efficient use of natural resources: the festival uses renewable energy sources for the production of energy used in lighting and sound systems, eliminating fuel generators and is transitioning to energy-efficient equipment. The event offers low-flow toilets, with showers and taps that reduce the amount of water used.
  • Promoting sustainable habits and community synergy and access: the festival is implementing an area for families and children with a sustainability education program focused on zero waste for all. The event promotes accessibility and inclusion through staff training. Lohad maintains a policy of open communication with the community around the event’s location, distributing flyers with relevant information about road closures and noise permits and offering of festival’s tickets. The organizers keep an open contact channel for all the neighbouring citizens.

Promoter website

https://www.chefsonfire.pt

Team

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Business Model

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