ESG (SOCIAL SUSTAINABILITY)
How FairLife supports social sustainability
Fair trading in finance provides a foundation for social sustainability.
Financial education on a national scale will build on that foundation.
Social Responsibility
Combining fair trading and financial education turbo-charges both.
FairLife will uplift social sustainability in a way that lasts for generations.
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For how fair trading supports social sustainability and wellbeing see: Why we need FairLife.
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For how financial education supports social sustainability and wellbeing see: Financial Education – Why improving financial education matters.
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For how combining fair trading and financial education turbo-charges both see: Financial Education – Link to fair trading & A Virtuous Circle.
Beyond fair trading and financial education, FairLife further promotes social sustainability by encouraging organisations to consider other areas such as employee wellbeing.
There is an adage that says a decent society cannot be created by laws alone, there must be a moral obligation. The FairLife Charity offers a route to identify specific, peer-agreed ways that the industry can apply this moral obligation above the regulators’ rules and principles.
How FairLife supports the UN Social Development Goals
By supporting the FairLife Charity, finance firms are working towards the following Sustainable Development Goals as set out by the United Nations:
UN Goal
Quality education.
FairLife Contribution
Financial education in schools
Decent work and economic growth.
Fairly traded products
Peace, justice and strong institutions
Trustworthy companies