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The Importance Of Ethical Consumption In The New Economy

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World Fair Trade Organization
The Importance Of Ethical Consumption In The New Economy
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The second part of our podcast is on Ethical Consumption. In this episode, Leida Rijnhout, our Chief Executive, emphasizes the role that individuals can play as consumers and citizens in contributing to building a sustainable society and the role of the advertisement industry in inducing unsustainable consumption patterns. According to the current economic system, constantly growing consumption rates fuel economic growth and wealth. However, not all production ensures environmental protection, human right, and sustainable development. For this reason, in this podcast, we delve into the importance of ethical consumption in the new economy.

22nd February 2023

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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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