What Economic Downturn? Fairtrade Looks To The Future

With a record rise in sales bucking the trends ofglobal brands such as Starbucks, Ben and
the economic downturn and new markets openingJerry’s and Candico Sugar who have
up in developed Asia, South Africa and Mexico,changed their procurement policies to buy more
Fairtrade looks set to take centre stage onFairtrade ingredients.
supermarket shelves the world over. With a“Fair trade” advocates the payment of a
record rise in sales bucking the trends of thejust price to developing-world producers of
economic downturn and new markets opening upagricultural products such as bananas, coffee,
in developed Asia, South Africa and Mexico,cocoa, flowers, cotton, fresh fruit, herbs and
Fairtrade looks set to take centre stage onspices, sugar, rice, tea and wine. However, the
supermarket shelves the world over.gold mining industry might be the next to get a
Despite the global financial crisis, Fairtrade LabelingFairtrade makeover, as FLO and the Alliance for
Organizations International (FLO) reported a 22%Responsible Mining are reportedly working on a
rise in global sales of Fairtrade certified products innew standard for the precious metal.
2008, with annual sales of over $4bn (USD).There are currently two global standards for
According to a major survey recently conductedFairtrade products — one for the US
by FLO, half the citizens in the West nowCanada (the Fair Trade Certified Mark) and
recognize the Fairtrade Mark and nine out of tenanother for the rest of the world (International
of those people see it as a trustworthy labelFairtrade Certification Mark or just FAIRTRADE
— not bad for a movement that startedMark). In the future, however, the standards are
out in new age shops and niche marketplaceslikely to merge to create one universally
back in the 1980s.recognized label, most likely based on the existing
The Fairtrade label is increasingly becomingInternational Fairtrade Certification Mark.
essential for doing business in many marketsTo earn the right to display either mark on their
especially in the sale of bananas and coffee,products, retailers and producers must be able to
Fairtrade’s two strongest performers.ensure the source of production has been through
Major retailers like Tescos (UK) now have theirthe FLO-authorized certification process, overseen
own range of Fairtrade products and in Marchby a third party audit of facilities — taking
2009, Cadburys became the first major brand ofworker rights and environmental issues into
chocolate to announce the launch of aconsideration - as well as looking distribution
mainstream Fairtrade-certified product. Thischannels and supply chains.
follows the consumer-driven pattern of other