GISC Welcomes Fair Trade Outsourcing to the Global Impact Sourcing Movement
Fair Trade Outsourcing is now part of a global network of businesses intent on creating jobs for those most in need.
Fair Trade Outsourcing recently became an official member of the Global Impact Sourcing Coalition (GISC), a global community of businesses committed to hiring workers who were previously long-term unemployed or living under the national poverty line. Members of the coalition are united in their commitment towards Impact Sourcing and demonstrating that inclusive hiring leads to more diverse and inclusive supply chains, business growth, and social impact.
“The GISC is a global network of businesses creating transformational employment opportunities for those most in need through the power of procurement and global supply chains,” says Sara Enright, Project Director of the GISC, “We are delighted to welcome Fair Trade Outsourcing to the Coalition and applaud their efforts to advance inclusive employment opportunities in the Philippines and Ghana.”
This collaboration between Fair Trade Outsourcing and GISC will further strengthen the company’s impact sourcing initiatives. FTO looks forward to expanding its knowledge and practice of Impact Sourcing as well as sharing its own methodology called fair trade outsourcing.
Since the third quarter of 2016, Fair Trade Outsourcing has been invested in pulling people out of poverty and into the middle class through jobs that pay well. At the same time, it wants to improve its management strategy and pull down its attrition and absenteeism rates, increase productivity and efficiency, and most importantly, raise the level of satisfaction that employees feel from their jobs.
Fair Trade Outsourcing’s CEO, Mike Dershowitz, believes that his foray into business process outsourcing wasn’t a fluke. It’s become his lifelong mission to help as many people as he can achieve a better quality of life through middle-class employment. And, he’s able to achieve this through Fair Trade Outsourcing.
As a member of the Global Impact Sourcing Coalition, Fair Trade Outsourcing is adopting the Impact Sourcing Standard, the first globally recognized standard for the business practice of Impact Sourcing. One of the standards aims to increase the adoption of impact sourcing, which involves hiring workers who were previously long-term unemployed or who were earning income that’s under the national poverty line.
In connection with this standard, Fair Trade Outsourcing has accepted the Impact Sourcing Challenge and pledges to hire 150 impact workers or more in its newest centers in Bacolod City, Philippines and in Accra, Ghana in 2020.