Principles
FTF states that its members are required to commit to the following nine principles in all of their transactions:
- Create opportunities for economically and socially marginalized producers
- Develop transparent and accountable relationships
- Build capacity
- Promote fair trade
- Pay promptly and fairly
- Support safe and empowering working conditions
- Ensure the rights of children
- Cultivate environmental stewardship
- Respect cultural identity
Read more about this topic: Fair Trade Federation
Famous quotes containing the word principles:
“Magic is akin to science in that it always has a definite aim intimately associated with human instincts, needs, and pursuits. The magic art is directed towards the attainment of practical aims. Like other arts and crafts, it is also governed by a theory, by a system of principles which dictate the manner in which the act has to be performed in order to be effective.”
—Bronislaw Malinowski (1984–1942)
“Every political system is an accumulation of habits, customs, prejudices, and principles that have survived a long process of trial and error and of ceaseless response to changing circumstances. If the system works well on the whole, it is a lucky accident—the luckiest, indeed, that can befall a society.”
—Edward C. Banfield (b. 1916)
“A bureaucracy is sure to think that its duty is to augment official power, official business, or official members, rather than to leave free the energies of mankind; it overdoes the quantity of government, as well as impairs its quality. The truth is, that a skilled bureaucracy ... is, though it boasts of an appearance of science, quite inconsistent with the true principles of the art of business.”
—Walter Bagehot (1826–1877)