Your customers might be better disposed towards your business if you can adopt and follow “fair trade” or other ethical principles when sourcing your products and/or in relation to the conduct of your business generally.
Many enterprises adopt fair trade and other ethical principles and they formalize this by producing a policy encapsulating those principles. It can benefit your business in terms of your sales if you not only follow such principles but if you also have a formal written policy reflecting the fair trade/ ethical principles that you follow and you publicise it on your website or in your business literature.
Our new Fair Trade Policy Statement Template can help you formulate your own fair trade / ethical policy statement document. This new template can help you focus on key points when you are writing your own document, and you can use it either as a checklist or as the basis for drafting your own document.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.