You're currently on:
What is Fair Trade?
Pachacuti has a vision of a world in which justice and sustainable development are at the heart of trade so that everyone can maintain a decent and dignified livelihood and develop their full potential. The core mission of Fair Trade is to alleviate poverty and to contribute to the achievement of the Millennium Development Goals.
According to theWorld Fair Trade Organization “Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South.”
To achieve this goal, Pachacuti is the first Fair Trade company in the world to complete the Pilot for the new World Fair Trade Organization (WFTO) certification and labelling sheme. Known as the The Sustainable Fair Trade Management System (SFTMS,) it is the first audited certification which verifies the entire supply chain. Compliance with the SFTMS means that Pachacuti has integrated into our business strategy a proven set of practices, procedures and processes that demonstrate sound behaviour from a social, economic and environmental point of view.
To find out more about Pachacuti's work towards addressing Millenium Development Goals, please visit Business in the Community and download the booklet Transforming the Pace of Change which details the sustainable programmes established by 15 international companies, including Pachacuti, in order to inspire and support other businesses to meet these goals. In 2010 Pachacuti was Highly Commended in the International category of the Awards for Excellence for our impact on Millenium Goals. We were HIghly Commended alongside Reuters and the category was won by Barclays/The Guardian for the Katine Project.
For a small Derbyshire company with only 10 employees, up against multinational companies, we are delighted with this commendation!
You can also find out more by downloading Pachacuti's Fair Trade and Sustainability Report 2009-10 on our Certification Page