Fair Trade Enterprises For The New Economy, Interview With Wfto President Roopa Mehta

Fair Trade movement is a model for change.

In this interview, WFTO President Roopa Mehta shares her insights on the role of WFTO in promoting business models that tackle not only the widening gap of global inequality, but also the clear and present danger of climate change and environmental degradation.

Everything the Fair Trade movement does lives by the definition of sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” 

The World Fair Trade Organization (WFTO), as a global community of Fair Trade Enterprises, advocates for a post-growth, sufficiency-focused economy that puts people and planet at the heart. This is our recipe to bring about transformational change in our economic system.

In celebrating the anniversary of the adoption of the Fair Trade Charter and the UN Agenda 2030, we are highlighting Fair Trade movement as an instrument in building Sustainable Development. 

The Fair Trade Charter and the Sustainable Development Goals (SDGs) are deep in the heart of our business. They are our instruments in creating an economy that leaves no one behind and works within our limited planetary resources.

The Fair Trade movement strives to scale up the impact of Fair Trade together with allies, partners, advocates and actors of the new economy. Backed by consumers, Fair Trade Enterprises grow across the globe. The Fair Trade Charter serves us as the guiding framework in trading and business to realise the sustainable development goals. 

Fair Trade Enterprises embody an innovative and forward-looking blueprint of how business should be done. Their business models are tangible examples that the gains of economic pursuits can be fairly shared, while taking care of our natural resources. They have shown ethical business norms that conventional business can learn from.

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Turnover Indication 2024

Please upload your latest financial statement here (if possible audited, otherwise signed or stamped by the organisation representative). Ensure that your Income & Expenditure sheet is included. Depending on your financial year, your latest financial statement will most likely be from December 2022 or March 2024. We accept all statements for full financial years closed between December 2022 – July 2024, depending on your audits and which statements you have available. Check your 2023 submission to see the latest data we have at hand. Ideally, you now upload the details from the year afterwards. Get in touch via email (nicole@wfto.com) if newer statements are not yet available.

In the fields below, please indicate the details on your financial statement and your total turnover/sales. If you are a Fair Trade Organizations (FTOs), indicate your total turnover. This includes namely (but not only): Income from all trading activities and income from the provision of services. It does exclude income from grants, donations, asset reevaluations, and changes in stock value (where applicable).

If you are a Fair Trade Support Organizations (FTSOs) or a Fair Trade Networks (FTNs), indicate your total gross revenues. This includes all income from whatever source, not limited to cash received. To help us identify your indicated turnover, please use the “Details on turnover” section to specify how your indicated turnover figure is computed (write the name of the relevant lines as per your submitted financial statements in the language of the statement). You can also use this section for any other comments you have with regards to your turnover.

The WFTO team will check your submitted data and confirm the equivalent turnover/income amount in Euro. The Euro amount will form the basis for the calculation of your membership fee. For all currencies other than Euro, WFTO will apply uniform conversion rules. Due to the widely varying financial reporting periods among members, the date of the conversion is set at the end date of the financial report.

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