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Ethical Spending (eg. Organic Food) is at an all Time High!! And has beaten Beer & Cigarette Sales!!

According to a report published a few days ago, for the very first time, the amount we spend on ethical products like organic food and fairtrade goods, amounts to more than we spend on alcohol and cigarettes!

The report in question is the Co-op's annual Ethical Consumerism Report, and this reveals that the value of ethical consumerism hit an all time high of £29.3 billion in 2005. This is compared to the £28 billion spent on beer and cigarettes. This evidence was gathered from ethical goods and services such as organic food, transport, energy, holidays and financial products. The evaluation found that the total spend for these ethical goods in 2005 rose by 11%, compared with the previous year.

That increase outstrips the 1.4% increase in overall UK household expenditure. Organic products, Fairtrade goods, free-range eggs and other "ethical" food products saw an 18% year-on-year boost to £5.4 billion, while energy-efficient electrical goods, wind-turbines and other green energy products rose to £4.1 billion, compared to £3.8 billion the previous year.

The spending on eco-friendly transport such as public transport, green cars and responsible tour operators, rose from £1.7 billion in 2004 to £1.8 billion in 2005.

Ethical banking and investments saw a rise of £11.6 billion from £10.6 billion.

The increase on spending for ethical personal products, such as organic skin care, rose by 5% to £1.3 billion. Craig Simon the Co-op's executive director said, "The fact that the value of ethical consumerism is now higher than the retail figures for cigarettes and beer is a milestone."

However, ethical spending has only become the 'norm' in a minority of markets. The overall spend on ethical food still only accounts for 5% of the typical shopping basket.

Retail workers in Glasgow, at Peckham's - the Scottish company which prides itself in stocking many Fairtrade items, staff have said that some customers do not come in specifically for ethical produce.

Patrick Hannity, 22,of Peckham's food hall in Glasgow said: "We sell things such as coffee, teas, beers and chocolate which are all Fairtrade, and they are popular, because they are all good quality. "I am pretty surprised at the figures. With the kind of clientele we have, I think they would be more aware of ethical consumerism."

The report carried out by the Co-op took its finding from its own ethical spending figures, and a
variety of other trade bodies.


Organic News Pages - Archives

Organic News Page 1:

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Opinion Split over Organic Food

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Organic News Page 7:

Ethical Spending (eg. Organic Food) is at an all Time High!! And has beaten Beer & Cigarette Sales!!

Organic News Page 8:

Devon - Voted The No. 1 Organic County!

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