Glossary

If you feel that the world of Fair Trade has its very own language – don’t fret! We’ll keep you in the know!

 

With this glossary we’ll guide you through the common technical terms used by FLOCERT, Fairtrade International and the World Fair Trade Organization (WFTO).

 

Learn about the wor(l)ds of Fair Trade below!

Social audit

A social audit is an audit of a company’s performance and impact across a range of social indicators, including industrial relations, community impact, social dialogue, stakeholder consultation, observance of labour standards and contribution to social infrastructure. The focus of a social audit needs to be defined and can vary depending on the goals of the company and the auditing service provider.

Learn more about FLOCERT’s social audit capabilities.

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