WFTO prescribes 10 Principles that Fair Trade Organisations must follow in their day-to-day work and carries out monitoring to ensure these principles are upheld. 

Principle One: Creating Opportunities for Economically Disadvantaged Producers

Poverty reduction through trade forms a key part of the organisation's aims. The organisation supports marginalised small producers, whether these are independent family businesses, or gro...

Consumer power has further created a threat to businesses thereby causing them to implement, transform and operate into a socially responsible business model.  Ethical consumerism is contributing to the impact of business operations on a global and local level.  The importance of ethical consumerism is being recognized through the implementation of institution, the development of policies and new departments in structural busi...

Schumacher’s book “Small is beautiful” introduces new social and economic structure by focusing on the gradualist approach to development; he sees development as a process of evolution. Schumacher is a pioneer in the alternative economic movement and technology, he emphasizes it's the process towards the people rather than the production of material goods. 

Schumacher confirms that the primary concerns of poverty are non-m...

March 27, 2016

Ethical consumerism is contributing to the impact of business operations on a global and local level, the connections of ethical consumerism impact the initiatives of corporate social responsibility policy implementation. 

The threat to the sustainability of the environment and the health and well being of people have been major triggers for consumers to make ethical buying decisions. Consumer buying power has been an igniting...

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