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UK ethical consumer spending hits record high, report shows – The Guardian

Published on
January 3, 2020
The Provenance Team
"Twenty years ago, the total Fairtrade market was worth £22m, whereas today the Co-op estimates that UK consumers shell out almost £290m a year on Fairtrade bananas alone, with the total retail Fairtrade market now worth £1.6bn." – The Guardian

"Ethical" shopping is on the rise. In the UK, it’s outgrown all household expenditures – increasing the average spend from £202 a year in 1999 to £1,278 in 2018. The category, which now includes Fairtrade, organic, vegetarian, plant-based alternatives and free-range, have transformed the modern marketplace. Jo Whitfield, chief executive of Co-op Food, said: “UK businesses and NGOs have pioneered many of these developments and today we have multi-billion pound markets that either didn’t exist or if they did, other mainstream businesses were unconvinced of their potential to succeed. Ethical consumerism will continue to play a pivotal role in the pursuit of more sustainable products, businesses and markets. However, now is not the time to rest on our laurels, it’s the time double down on our efforts.”

Read The Guardian's full article with more details from the latest Co-op study.

The Provenance Team

Provenance is setting a new global standard for consumer sustainability, by validating and amplifying sustainability credentials throughout the customer journey. Provenance’s platform enables businesses to be transparent about their impact, so that they can reduce the risk of greenwashing, realise their sustainability ambitions and future-proof their market share. 200+ leading CPG businesses are using Provenance to communicate their sustainability credentials, including Cult Beauty, The Ordinary, The Nue Co, Shiseido, BELU, Arla and Napolina.

The Provenance Team

Provenance powers sustainability claims you can trust. The global leader in sustainability marketing technology, Provenance helps brands and retailers share credible, compelling and fact-checked social and environmental impact information at the point of sale. Provenance’s technology is already increasing conversion rates, brand value and market share for customers including Cult Beauty, Douglas, GANNI, Napolina, Arla and Unilever

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