FTA Presents its 2014 Annual Report

The Foreign Trade Association (FTA) launched its 2014 Annual Report, a publication that showcases the key achievements in a landmark year for the organisation, as it continued to consolidate its position as the leading international association of retailers, importers brand companies and national associations advocating for free trade and sustainable supply chains.

During 2014, FTA strengthened its advocacy activities towards the European institutions to voice the interests of its over 1,500 member companies and assisted them in driving sustainable business practices trough the implementation of significant updates to the two services that support improved performance of global supply chains. 2014 saw two important milestones: the upgrade of the services of its Business Social Compliance Initiative (BSCI) –supporting companies to improve working conditions in factories and farms worldwide–, in response to increasing demands for improved responsibility and greater accountability. In addition, during this year FTA launched additional services to help companies reduce environmental risks in their supply chains under the Business Environmental Performance Initiative (BEPI).

Key highlights of the association’s performance:

  • In light of the new political leadership at EU level, FTA promoted a progressive European trade policy strategy through the launch of its Road Map for EU Trade Policy, a publication outlining the crucial steps to be taken to develop the full potential of EU trade and to secure commerce’s continued growth.
  • BSCI published its upgraded Code of Conduct to include 11 principles that aim at the highest labour protection and upgraded its tools and resources to offer participating companies a consistent and enduring approach, the BSCI 2.0 implementation system, to develop responsible practices that go beyond audit compliance and are shared with all partners throughout the supply chain.
  • BSCI activities kept in the rise in 2014, with some 4,880 producers joining BSCI - rising the total number to 31,464 -; 12,486 audits conducted - over 3,000 more than 2013 –; and over 100 workshops were delivered, reaching and training over 2.000 participants and producers.
  • Six months after its launch and roll out programme in Vietnam, BEPI already counts with 41 participants and 10 producers already taking steps to improve the environmental aspects of their manufacturing activities. Furthermore, the initiative established two fundamental collaborations with the ICTI CARE Foundation and the Hong Kong Productivity Council (HKPC) to provide better support to the toy sector and producers in China.

Download the Annual Report

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