Fair trade

DEFINITION: A social movement which aims to ensure that fair prices are paid to producers in developing countries, as well as delivering improved social and environmental standards. The movement focuses in particular on commodities or products sold by producers in developing countries to companies in developed countries, such as coffee, cocoa, sugar and choclate. 

 

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The issuance is the first in a series of planned green re-financing initiatives for Co-op Group

Co-op issues £300m bond supporting Fairtrade movement

Retailer Co-op's parent organisation Co-op Group has raised a £300m green bond which will be used to support the Fairtrade movement's bid for more sustainable farming supply chains.

Co-op's overarching aim is 100% physically certified soy across its supply chain by 2025

Co-op targets 100% sustainably sourced soy through credits scheme

Supermarket chain Co-op has set a new, ongoing target of sourcing 100% sustainably certified soy across its supply chains, after joining global Roundtable on Responsible Soy (RTRS).

The commitment will cover more than 100 of Waitrose & Partners' own-brand lines

Waitrose pledges to source 100% Fairtrade cocoa by the end of 2019

Supermarket giant Waitrose & Partners has committed to sourcing only Fairtrade cocoa for its own-brand confectionary products by the end of the year, in a bid to help improve living standards for its cocoa farmers.