Quick Facts
There are ZERO Fair Trade-certified factories on the entire continent of Africa. (Fair Trade Certified)
Close to 64% of 18 to 24-year-olds would not buy from a company again if it was accused of engaging with unethical suppliers. (Forbes, 2023. The Economic Benefits And Best Practices Of Ethical Sourcing)
The majority of Gen Z believes that major brands are less ethical than small ones. (McKinsey, 2018. ‘True Gen’: Generation Z and its implications for companies)
Companies employing triple advantage practices (environment, profitability, societies) increase revenue by up to 20% and brand value by 15%-30%. (World Economic Forum, 2015. Beyond Supply Chains)
Boards have been asking for more detailed information on matters related to DEI more frequently.