Traidcraft

It was launched from the top floor of a 1920s warehouse (India House, Carliol Square) in the centre of Newcastle upon Tyne by Richard Adams with six members of staff.

[12][13] Traidcraft plc ultimately entered administration in January 2023, citing the impact of price rises, foreign exchange fluctuations, and Royal Mail industrial action.

[16] This gives the Foundation the power of veto over election of directors to the plc board, payments of dividends and to the Memorandum and Articles of Association.

The Foundation must also be consulted on Traidcraft's major strategic plans and has a role of representing the views of external stakeholders in the social accounting process.

The products are sourced from producers in over 30 developing countries including India, Bangladesh, Sri Lanka, Indonesia, Philippines, Kenya, Malawi, Chile and Cuba.

Products include coffee, tea, fruit juice, sugar, wine, clothing, jewellery, paper and craft items.

Among their food products is a snack bar called Geobar, Fairtrade chocolate, dried fruit, honey, pasta, rice and muesli.

Traidcraft also helped establish the Fairtrade Foundation with CAFOD, Christian Aid, New Consumer, Oxfam and World Development Movement in 1992.

[18] Traidcraft was the first public limited company in the United Kingdom to produce a set of social accounts and did so every year since 1993.

[32] It lobbies and advises governments and organizations with the aim of improving trade rules and market access for small organisations in the developing world.