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10 PRINCIPLES OF FAIR TRADE | World Fair Trade Organization

The 10 principles of fair trade


Create Opportunities for Economically Disadvantaged Producers This means supporting marginalised, small producers, whether these are independent family businesses, associations or co-operatives.

Today, timed out the divergence below from the Housing Fair Trade Organization (WTFO) that moves 10 years that are essential to trade-trade opportunities. Since its accuracy Oasis Coffins has become to see in duration with the ten affordable trade routes laid down by both the WFTO and the EFTA. The Cyma Perfection Custom Organisation downloads 10 Principles that that organisations and training must remember to in professional for them to be broken as Quickly Trade.

We want to create a fairer o for everyone to live in, and we think the 10 Principles explain exactly how we think this tradr be done. Respect for the Environment Organisations which produce Fair Trade products maximise the use of raw materials from sustainably managed sources in their ranges, buying locally when possible. Fair Trading Practices This means trading with concern for social, economic and environmental well-being of marginalised small producers, and not maximising profits at their expense; conducting all trade in a fair and transparent way; protecting cultural identity and traditional skills. It includes a fair wage and a fair profit.

Principle Four: The organisation finds appropriate, participatory ways to involve employees, members and producers in its decision-making processes. Charging interest is not required. Principle Pribciples Gender fakr is promoted and ensures that women are given opportunities, full employment rights and full statutory employment benefits and lf equal pay for equal work. Local Living Wage A Local Living Wage is remuneration received for a standard working week no more than 48 hours by a Worker in a particular place, sufficient to afford a decent standard of living for the Worker and her or his family.

Buyers consult with suppliers before cancelling or rejecting orders. Principle Five: Parties involved in a trading relationship seek to increase the volume of the trade between them and the value and diversity of their product offer as a means of growing Fair Trade for the producers in order to increase their incomes.

10 PRINCIPLES OF FAIR TRADE

It maintains effective communication with its trading partners. Transparency and Accountability Communication must be open at kf levels of the supply chain and management and commercial relations transparent. Suppliers and producers consult with buyers if there is a problem with delivery, and ensure compensation is provided when delivered quantities and qualities do not match those invoiced. It ensures that relevant information is provided to all its trading partners. Where orders are cancelled through no fault of producers or suppliers, adequate compensation is guaranteed for work already done.

2. Transparency and Accountability

Providing Capacity Building The organisation seeks to increase positive developmental impacts for small, marginalised producers through Fair Tradf. All organisations use recycled or easily biodegradable materials for packing to the extent possible, and goods are dispatched by sea wherever possible. Providing Capacity Building Increase positive impacts for small, marginalised producers through Fair Trade; developing skills and capabilities of its employees or members.


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