Sustainable Business

SB March 2014

Sustainable Business magazine - essential reading for sustainability professionals

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Exclusive: Multinational corporations must advance Fairtrade in order to see it become routine industry practice, says Ben & Jerry's global values- led sourcing manager Cheryl Pinto. In the past 10 years, the price of bananas in the UK has halved, whilst the cost of production has almost doubled. It means, says Pinto, that bananas are now bought and sold so cheaply in the UK that many of the farmers and workers who grow them are being trapped in poverty. The key to effecting change, she says, is unsurprisingly big business but led by their smaller peers. Large companies are often looking to the smaller companies to see how to achieve ethical standards and, "fortunately a lot of these ethical ways of working can often be easily transferable to supply chains", she says. If multinational corporations invest in sustainable movements, such as Fairtrade or the Rainforest Alliance, it makes it attainable to the average consumer: "Through multinational Radar 1/6 Click here keep up-to-date with the latest news from edie.net Fairtrade Business Ben & Jerry's: Multinationals must lead us to a Fairtrade future Falling prices and rising costs have left many banana farmers trapped in poverty

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