Wed 28 Mar 2007
In the UK ethics is bigger than tobacco and alcohol
Posted by Adam Arvidsson under CSR 2.0 , Ethical Economy , EthicsThe Cooperative Bank’s latest ethical consumerism report shows that
‘The value of UK ethical consumerism last year exceeded the sales of ‘over-the-counter’ beer and cigarettes,
The Report, which acts as a barometer of ethical spending in the UK, shows that in 2005 UK ethical consumerism was worth £29.3 billion, for the first time overtaking the retail market for tobacco and alcohol which stood at £28.0 billion.’
The overall growth of the ethical sector was 11 per cent, with ethical food (18.1 per cent) and community related goods, like local shopping and charity (13.3 per cent) growing quickest.
find the entire report here.