What does ethical consumerism mean?

Definitions for ethical consumerism
eth·i·cal con·sumerism

This dictionary definitions page includes all the possible meanings, example usage and translations of the word ethical consumerism.

Wikipedia

  1. Ethical consumerism

    Ethical consumerism (alternatively called ethical consumption, ethical purchasing, moral purchasing, ethical sourcing, or ethical shopping and also associated with sustainable and green consumerism) is a type of consumer activism based on the concept of dollar voting. People practice it by buying ethically made products that support small-scale manufacturers or local artisans and protect animals and the environment, while boycotting products that exploit children as workers, are tested on animals, or damage the environment.The term "ethical consumer", now used generically, was first popularised by the UK magazine Ethical Consumer, first published in 1989. Ethical Consumer magazine's key innovation was to produce "ratings tables", inspired by the criteria-based approach of the then-emerging ethical investment movement. Ethical Consumer's ratings tables awarded companies negative marks (and overall scores, starting in 2005) across a range of ethical and environmental categories such as "animal rights", "human rights", and "pollution and toxics", empowering consumers to make ethically informed consumption choices and providing campaigners with reliable information on corporate behaviour. Such criteria-based ethical and environmental ratings have subsequently become commonplace both in providing consumer information and in business-to-business corporate social responsibility and sustainability ratings such as those provided by Innovest, Calvert Foundation, Domini, IRRC, TIAA–CREF, and KLD Analytics. Today, Bloomberg and Reuters provide "environmental, social, and governance" ratings directly to the financial data screens of hundreds of thousands of stock market traders. The nonprofit Ethical Consumer Research Association continues to publish Ethical Consumer and its associated website, which provides free access to ethical rating tables. Although single-source ethical consumerism guides such as Ethical Consumer, Shop Ethical, and the Good Shopping Guide are popular, they suffer from incomplete coverage. User-generated ethical reviews are more likely, long-term, to provide democratic, in-depth coverage of a wider range of products and businesses. The Green Stars Project promotes the idea of including ethical ratings (on a scale of one to five green stars) alongside conventional ratings on retail sites such as Amazon or review sites such as Yelp. The term "political consumerism", first used in a study titled "The Gender Gap Reversed: Political Consumerism as a Women-Friendly Form of Civic and Political Engagement" from authors Dietlind Stolle and Michele Micheletti (2003), is identical to the idea of ethical consumerism. However, in this study, the authors found that political consumerism as a form of social participation often went overlooked at the time of writing and needed to be accounted for in future studies of social participation. Political consumerism has also been criticised on the basis that "it cannot work", or that it displays class bias.

Wikidata

  1. Ethical consumerism

    Ethical consumerism is a type of consumer activism that is based on the concept of dollar voting. It is practiced through 'positive buying' in that ethical products are favoured, or 'moral boycott', that is negative purchasing and company-based purchasing. The term "ethical consumer", now used generically, was first popularised by the UK magazine the Ethical Consumer, first published in 1989. Ethical Consumer magazine's key innovation was to produce 'ratings tables', inspired by the criteria-based approach of the then emerging ethical investment movement. Ethical Consumer's ratings tables awarded companies negative marks across a range of ethical and environmental categories such as 'animal rights', 'human rights' and 'pollution and toxics', empowering consumers to make ethically informed consumption choices and providing campaigners with reliable information on corporate behaviour. Such criteria-based ethical and environmental ratings have subsequently become commonplace both in providing consumer information and in business-to-business corporate social responsibility and sustainability ratings such as those provided by Innovest, Calvert, Domini, IRRC, TIAA-CREF and KLD Analytics. Today, Bloomberg and Reuters even provide "environmental, social and governance" ratings direct to the financial data screens of hundreds of thousands of stock market traders. The not-for-profit Ethical Consumer Research Association continues to publish Ethical Consumer magazine and its associated website, which provides free access to ethical ratings tables.

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Numerology

  1. Chaldean Numerology

    The numerical value of ethical consumerism in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of ethical consumerism in Pythagorean Numerology is: 9


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"ethical consumerism." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/ethical+consumerism>.

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