During Fairtrade Fortnight 2019 (26th Feb -11th March), The Fairtrade Foundation wants people to show extra support for the farmers and workers who produce our food to ensure that they aren’t underpaid and exploited and that they can earn enough to feed their families, educate their children and provide a future for their community.
The Fairtrade mark has been used on UK produce since 1992. All products which feature this mark ensure that no one is exploited and people are paid a fair wage. This year’s 2019 campaign is particularly focused on cocoa and cocoa farmers in West Africa, where farmers particularly women can often be underpaid.
There are many ways we can commit to support Fairtrade Fortnight, from spreading the word on social media, to making sure our food and drinks carry the Fairtrade mark.
If you want to get more involved click here to find out about events happening near you and Traidcraft have also curated a range of fair trade food, snacks and treats which you can buy online.
Ethex has and does work with a number of pioneering organisations helping them to raise the finance they need to challenge discrimination against some of the poorest people in society. Some of the great companies who’ve been leading the fair trade change include; Café Direct, Diving Chocolate and Traidcraft.
At Ethex, we want to spread the word that you can have a positive impact with where you invest your money, as a well as what you buy with it.
So while you might choose ethical providers for your coffee or bananas, what about your investments? We aim to make it easy for everyday people to use their money as a force for good, tackling some of the biggest problems facing our society, like climate change, poverty and homelessness.
Unfortunately, currently financial products don’t come with a label to certify they are ethical, so it’s not immediately obvious if the money in your pension, savings account or ISA is actually funding something that’s against your values.
However, it’s easy to check where your money is being invested and it’s a question we should all be asking our financial providers.
If you’re looking for a list of socially responsible financial providers, you can check out the Good With Money directory.
Ethex lists a range of investment opportunities that allow you to put your money directly into businesses or organisations that have a demonstrable positive impact, either on the environment or society, both in the UK or further afield.
Below are a couple of options that are currently available:
The Low Carbon Hub Community Energy Fund lets you invest from £250 to support green energy projects in and around Oxford. From solar panels to hydro dams, the Low Carbon Hub aims to consign fossil fuels to history and build a portfolio of community energy projects that benefit people and the planet. Through Ethex you can invest to help take local action against climate change, while targeting a return of 5% on your investment.
Find out more.
Energise Africa is a partnership between Ethex and Lendahand EU that allows UK investors to help fund a selection of innovative solar businesses who are installing solar kits on off-grid homes in sub-Saharan Africa.
For families receiving the solar kits, their lives are greatly improved. Where previously they relied on kerosene or wood fuel, they now have access to clean, reliable and affordable solar energy to light their homes and power electrical devices.
On the Energise Africa website, you can browse the range of projects and pick one or more to invest in from just £50. All the investments are IF ISA eligible, so your returns could even be tax-free.
It’s worth considering this Fairtrade Fortnight, when we give extra thought to the origins of the products we buy that we can make a big difference with the financial products we hold too.
Your capital is at risk when you invest, so never risk more than you can afford to lose. The price and value of some investments fluctuates and you may get back less than the amount you invested. Past performance is no guarantee of future performance. Tax-free status is individual and subject to changes in legislation. If you are in any doubt you should consult a financial adviser.
You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...
The Ethex team are here to help from 9am to 5pm
01865 403 304