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POLICY & PEOPLE |
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Fair Enough's Trading Policy is to......ADOPT FAIRTRADE PRINCIPLES.Fair Enough adopts the principles of fair trade as outlined in the FINE Declaration.FINE is a network of organisations promoting fair trade in Europe:
They jointly agreed the following: Fair trade is an alternative approach to conventional international trade. It is a trading partnership which aims at sustainable development for excluded and disadvantaged producers. It seeks to do this by providing better trading conditions, by raising awareness and by campaigning. The goals of Fair Trade are:
...TO BE OFFICIALLY RECOGNISED AS A FAIRTRADE SHOP THROUGH THE BRITISH ASSOCIATION OF FAIRTRADE SHOPSFair Enough is officially recognised through BAFTS (British Association of Fairtrade Shops) as a member of the growing network of British and European 'Fairtrade Shops'. See www.bafts.org.uk. In line with membership requirements, Fair Enough therefore sells, in the main, products from Southern (Third World) producers who meet the Fairtrade criteria above. We also promote fair trade in a variety of ways: by raising the profile of fair trade retailing on the High Street, by supplying information, giving talks and campaigning for a change in the unfair rules for international trade....USE A MAJORITY OF FAIRTRADE SUPPLIERSFair Enough's products come from suppliers who meet fair trade criteria. Sometimes sourcing from ethical but not necessarily fair trade suppliers will be needed to ensure profitability or appropriate product range. As required by BAFTS, this forms less than 25% of turnover and will be monitored when drawing up annual accounts. Suppliers will be selected from:
In deciding whether to use suppliers who do not meet the above criteria, Fair Enough will consider how 'ethical' these suppliers are through consideration of:
The shop must be financially viable, ensure an attractive variety of appealing product ranges while maximising benefits to disadvantaged producers. Supplying products which are agreed by the Fair Enough management team as 'ethically' (although not necessarily fairly) traded helps assist the most disadvantaged on the road to self-sustainability through cross-subsidisation and wealth redistribution. It will not be possible to individually vet all suppliers who are not formally recognised as 'Fairtrade'. If significant doubts arise about a supplier, Fair Enough will no longer continue to sell their products. We believe it is better to trade successfully and to risk sometimes getting it wrong than to deprive disadvantaged suppliers by not trading at all. ...OPERATE ON A NOT FOR PROFIT BASISFair Enough re-invests profits into the running of the shop. If profits exceed these requirements, the money is re-invested into trade justice more generally through support of the work of charities and non-governmental organisations like those listed here....ACT CO-OPERATIVELYFair Enough is a company limited by guarantee. Although not officially registered as a Co-operative, it acts co-operatively, at a community level, in a number of ways:
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