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.
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Beyond fair trading and financial education, FairLife further promotes social sustainability by encouraging organisations to consider other areas such as employee wellbeing.
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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
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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