In the most basic terms - fair trade is an equitable, long-term relationship between trading partners, and a way to ensure low-income artisans are truly being helped out of poverty. There are 9 Principles of Fair Trade recently adopted by the Fair Trade Federation, and soon there will be explicit practices on how those principles can be achieved.via Fair Trade Federation
Fair trade is a growing movement to help low-income artisans in developing countries move towards economic self-sufficiency. It promotes sustainability on all levels and creates opportunities to alleviate poverty. Artisans receive fair wages, education, financial and technical assistance, and have safe working conditions. Fair trade organizations like WorldFinds pre-pay 50% for their products upfront, and work closely with the artisans on design and quality. Fair trade is about respectful relationships and is having a positive impact on the lives of thousands of artisans. It is starting to make the world a better place. It is also a long-awaited alternative to traditional trade and a way to effect real social change!
WorldFinds ensures that we:
Fair Trade is a method for alleviating poverty in areas of need and developing communities sustainably. Fair Trade organizations create social and economic opportunities through partnerships with marginalized producers. The interests of producers and their communities should be the main focus and concern of the organization.
Fair Trade involves cultivating and maintaining relationships that are open, fair, consistent, and respectful. Organizations show consideration for both customers and producers by sharing information about the production chain through transparent communication.
Fair Trade is a means to helping artisans improve their skills and increase their access to markets while building their production capacity.
It is important that fair trade organizations actively raise awareness about fair trade and encourage consumers to question companies about their supply chains. Fair Trade practices such as transparency and awareness help consumers make informed choices.
Fair Trade allows producers to feel empowered to set their own prices to cover the true costs of labor, time, materials and sustainable growth. Fair trade practices ensure the prompt payment to their partners, as well as access to advance payments to cover materials.
Fair Trade means a safe and healthy working environment for artisans, free of forced labor or dangerous conditions and abuse.
Children have access to security, education and play through fair trade. The children of WorldFinds artisans are required to be enrolled in school and are not permitted to work with the collective.
Fair Trade organizations actively consider the implications of their business and decisions on the environment. Groups reuse, repurpose, and recycle materials wherever possible and encourage environmentally sustainable practices throughout the entire chain.
Fair Trade practices celebrate the cultural diversity of communities around the world while respecting the traditional practices and techniques used.