Coffee Retailer Co.’s Commitment to Fair-Trade Practices
FOR IMMEDIATE RELEASE:
Hartford, CT (March 15, 2024) –– Coffee Retailer Co. is a committee on ethical sourcing and fair-trade principles. Recent concerns have been raised about our sourcing practices; we take these matters seriously and taken immediate action to address any discrepancies in our supply chain. "We recognize the importance of ensuring that the farmers who cultivate our coffee beans receive fair compensation for their hard work and dedication," said CEO Ronald Smith, Coffee Retailer Co.
Coffee Retailer Co. is certified by Fair-Trade USA. We understand the profound impact of fair trade practices on coffee farmers and their communities. By adhering to Fair-Trade USA's rigorous standards, we ensure that farmers receive fair compensation for their labor, have access to safe working conditions, and are empowered to invest in their businesses and communities for long-term sustainability. We are proud to be part of an organization that has provided more than $1 Billion in financial benefits to producer communities to date .
We are currently reviewing our contract terms with our partners to ensure that our supply agreements have unambiguous terms of trade. Our company is also working to improve our internal practice standards and values among all stakeholders in the supply chain. Our team is developing new guidelines to foster mutual understanding.
Recently, rumors circulated within our workforce regarding potential layoffs. We want to reassure our employees that there are no immediate plans for layoffs. We remain committed to supporting our team members during this challenging time as we continue investigating allegations of non-compliance with our ethical sourcing standards. We will provide regular updates and progress reports as we work to ensure that our supply chain is free from unethical practices. As part of our ongoing commitment to transparency, we encourage our customers and stakeholders to reach out with any questions or concerns they may have.
Coffee Retailer Co. is dedicated to upholding its fundamental values and principles and is fully committed to sourcing its coffee beans ethically and sustainably. This includes conducting regular audits, strengthening partnerships with certified fair-trade cooperatives, and providing additional training and support to our procurement team.
For media inquiries, please contact:
Emily Alves
000-000-0000
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