Our 10 Fair Trade Principles

Our 10 Fair Trade Principles

The 10 Principles of Fair Trade specify the ways that Fair Trade Enterprises are set up and behave to ensure they put people and the planet first. WFTO carries out verification and monitoring to ensure these principles are upheld.

The WFTO Principles are not isolated efforts for creating a more sustainable and equitable world, but deeply align with the Sustainable Development Goals (SDGs) and contribute to their achievement. Fair Trade Enterprises recognise that achieving the SDGs requires system changes in how we conduct business and WFTO members participate in this transformation by committing to the 10 Principles of Fair Trade, thus developing alternative business models that prioritise people and planet. By embracing our Fair Trade principles, businesses become integral practitioners and pioneers in the collective effort to realise the SDGs and create positive, lasting impacts on a global scale.

Very much like the SDGs, the WFTO Principles can’t be applied in isolation; they must be considered holistically to provide a roadmap for transformative change. Addressing fair prices, wages, environmental sustainability, social development, and democratic decision-making collectively creates a framework that tackles systemic issues in global trade.

Download the WFTO Fair Trade Standard to read the details about our 10 Fair Trade Principles.
 

Create positive, lasting impact on a global scale.

The 10 Principles of Fair Trade specify the ways that Fair Trade Enterprises are set up and behave to ensure they put people and the planet first. WFTO carries out verification and monitoring to ensure these principles are upheld.

Feel free to download our 10 Fair Trade Principles here or contact us if you would like to use our 10 Principles of Fair Trade in any media, publications, or website.

Download our 10 Fair Trade Principles in English

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Download our 10 Fair Trade Principles in Bengali

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Principle One: Creating Opportunities for Economically Marginalised Producers

Poverty reduction through trade forms a key part of the organisation’s aims. The organisation supports marginalised small producers, whether these are independent family businesses, or grouped in associations or co-operatives. It seeks to enable them to move from income insecurity and poverty to economic self-sufficiency and ownership. The organisation has a plan of action to carry this out.

Principle Two: Transparency and Accountability

The organisation is transparent in its management and commercial relations. It is accountable to all its stakeholders and respects the sensitivity and confidentiality of commercial information supplied. The organisation finds appropriate, participatory ways to involve employees, members and producers in its decision-making processes. It ensures that relevant information is provided to all its trading partners. The communication channels are good and open at all levels of the supply chain.