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CGW4U

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CGW4U Fair Trade What is Fair Trade? An international system of doing business Contributes to sustainable development by offering better trading conditions for ... – PowerPoint PPT presentation

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Title: CGW4U


1
CGW4U
  • Fair Trade

2
What is Fair Trade?
  • An international system of doing business
  • Contributes to sustainable development by
    offering better trading conditions for producers
    and workers in developing countries
  • Necessitates rigorous international system of
    monitoring, auditing, and certification

3
Key Goals
  • The international Fair Trade system is designed
    to produce the following outcomes for
    farmers/workers in developing countries
  • Fair compensation for their products and labour
  • Sustainable environmental practices
  • Improved social services
  • Investment in local infrastructure

4
How it works
  • Similar to a normal supply chain, but with fewer
    intermediaries
  • Monitoring and certification
  • Internationally FLO (Fair Trade Labeling
    Organizations International)
  • In Canada TransFair Canada
  • Adhere to Fair Trade Standards
  • Do business with certified producers

5
Verification and Auditing
Producers Importers Licensees
(Processors) Retailers Consumers
FLO International
TransFair Canada
6
Principles of Fair Trade
  • Creating opportunities for economically
    disadvantaged producers
  • Transparency and accountability
  • Capacity building
  • Promoting Fair Trade
  • Payment of a fair price

7
Principles of Fair Trade
  • Gender Equity
  • Working conditions
  • Child Labour
  • The environment
  • Trade Relations

8
Questions
  • What is a fair wage?
  • Based on
  • amount of time, skill effort involved in
    production
  • Minimum for a living wage in that region
  • What types of goods are encompassed in Fair
    Trade?
  • Coffee and chocolate
  • Also rice, tea, cotton, wine, clothing, soap and
    handcrafted goods (to name a few)
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