For those of you who have heard of fair trade, how much do you actually know about fair trade? And for those of you who don’t know much about fair trade and fair trade practices, you have come to the right place. In this article , you will find information about fair trade practices and then some more. I hope by the end of this article, you will be interested in trying out some fair trade products and supporting the fair trade movement. Now, without further ado, let’s jump right into the topic, fair trade practices!
Fair Trade Breakdown
Here is a quick breakdown about fair trade. First of all, Fair trade and Fairtrade are different. Yes, they are quite different, Fairtrade is actually Fairtrade International, an organization that helps certify farmers and brands, whether the product is truly fair trade. In addition, Fairtrade definitely holds the value and the same goal as Fair Trade, which we will be talking later on. While Fair Trade is the movement to provide the farmers and producers with fair wage and better working conditions as a human right movement. Fair trade practices are being used all over the world and by many different organizations like Fairtrade International, World Fair Trade Organization, The Fair Trade Federation, and more. So let’s take a look at what are the main aspects of Fair Trade Practices.
What are Fair Trade Practices
So what are the fair trade practices? Fair trade practices are a way of doing business with ethical conditions. Fair trade practices includes fair wages for workers, transparency throughout the supply chain, and ethical working conditions (no sweat shops, no child labor). In addition, the dea of behind fair trade is to help the garmers and producers that are in poverty to have a chance to improve their lifestyle. The Fair Trade practices are not only for social concerns, but they are a great ways to help the economic and environmental development. Fair trade practices are the basis for more many ethical companies and organizations.
As mentioned above Fair Trade and Fairtrade are different, but often times people refer to them interchangily, so let’s take a look at Fairtrade’s Practices. Fairtrade International is one of the biggest fair trade organizations in the world. Not only do they follow most of the fair trade practices, they also provided the services certifying producers and brands with fairtrade certifications. Fairtrade help regulate and make sure the product is truly fair trade. In addition, there are a lot of programs that donates to the local communities.
Here are some of the Fairtrade practices and rules:
- Prices that aim to cover the average costs of producing their crop sustainably – a vital safety net when market prices drop
- The Fairtrade Premium – an extra sum of money paid on top of the selling price to invest in business or community projects of their choice
- Decent working conditions and a ban on discrimination, forced labour and child labour
- Access to advance credit ahead of harvest time
- Being able to plan more for the future with more security and stronger relationships with buyers
(How Fairtrade works)
These are just the general guideline of Fairtrade’s practice and how their organization is running. Now let’s take a look at another fair trade organization and how they utilize fair trade practices into their goals and services.
WFTO’s 10 Principles
Just like Fairtrade, World Fair Trade Organization, also have their own rules based on the ideas of fair trade. Here are the 10 WFTO’s principles:
- Opportunities for Disadvactage producers
- Transparency & Accountability
- Fair Trade Practices
- Fair Payment
- No Child Labor. No Forced Labor
- Good Working Conditions
- Capacity Building
- Promote Fair Trade
- Respect For The Environment
(Fair Trade Association)
As you can see World Fair Trade Organization has Fair trade practices as on of the 10 principles. Where it is important that “the organisation must have concern for the social, economic and environmental well-being of marginalised producers. It is responsible and professional in meeting its commitments in a timely manner. Suppliers respect contracts and deliver products on time and to the desired quality” (Fair Trade Association).
What are Fair Trade Practices’ Goals?
Based on what was seen on top, Fairtrade International and WFTO’s practices, it is easy to understand what are the goals of Fair Trade Practices. The ultimate goal of fair trade practices are to help those that are in poverty and often times taken advantage of. Help the people that does the hardwork and provide the chance to earn their fair share, trying them equally and fair as all people should be treated, say no to sweat shops and child labor.
Who benefits from Fair Trade practices?
Fair trade practices not only benefits the farmers and producers, but it can benefit the world as a whole. Due to the fact that many fair trade actions allows the farmers and producers to take much more environmentally friendly and sustainable action when growing crops. They often choose to use less harmful pesticides and more natural ways of growing including going organic. These choice are better for the environment as whole, which effect everyone on the planet. Not only is fair trade an ethical choice, but it is also an sustainable choice, as it creates a working and sustainable relationship between farmers and brands and it can be sustainable for the environment too.
Should you support Fair Trade?
With all been said, it would be amazing if you were to support fair trade. You can support by sharing this article or other fair trade knowledge with your family and friends. Share fair trade products you bought and like. Share how that specific product uses the fair trade practices. Supporting fair trade is more than just helping someone else, it is helping the earth as whole, the environment and the human race. So yes, you should support fair trade and fair trade practices.
“Fair Trade FAQ.” Fair Trade Association. Web. 26 Oct. 2020.
“How Fairtrade Works.” Fairtrade International. Web. 26 Oct. 2020.