Five Years of being Fair (Trade)- The National Australia Bank Story
The Fair Trade Association congratulates the National Australia Bank (NAB) for its fifth anniversary of being accredited as a Fair Trade Workplace.
The Fair Trade Association is the peak agency in Australia, New Zealand and the Pacific supporting the growth of the Fair Trade movement. One of the projects run by the Fair Trade Association, Fair Trade Workplaces, enables workplaces to have their on-going support for Fair Trade recognised and accredited.
Once recognised as a Fair Trade Workplace, a workplace receives certificates, flyers and posters that acknowledge their achievements and help them promote Fair Trade to their employees and stakeholders. Accredited Fair Trade Workplaces also receive on-going support and updates from the Fair Trade Association, as well as their logo placed upon the Fair Trade Workplace website.
NAB was originally endorsed as a Fair Trade Workplace by the Fair Trade Association in 2009 when it committed to supplying Fairtrade Certified tea, coffee, sugar, and hot chocolate across its property portfolio in Australia. In doing so, NAB become the largest accredited workplace in the southern hemisphere.
Over the course of the next five years, NAB’s commitment to Fair Trade continued to expand. The employees and stakeholders of NAB responded so positively to it becoming a Fair Trade Workplace that, in 2010, the Bank of New Zealand and NAB’s UK offices began to purchase Fairtrade products. Collectively, the NAB Group is the largest accredited Fair Trade workplace in the world. Each year, NAB employees drink over 5.5 million cups of tea, hot chocolate, and coffee, helping producing communities in Guatemala, Tanzania, Colombia, and Sri Lanka who have been economically disadvantaged and marginalised by the traditional trading system. These producing communities are now able to raise funds for local infrastructure development, training and education, and to invest in local businesses.
Executive Director of the Fair Trade Association, Chris Hartley said “NAB’s achievements in the promotion of Fair Trade are considerable. As an organisation, we appreciate the ongoing support of NAB and their commitment to improving the lives of disadvantaged producers”.
For more information on the Fair Trade Workplace program please go to www.fta.org.au/fair-trade-workplaces.html