Making your wallet worldchanging can work wonders. By reinforcing market signals for good, we can help corporations do the right thing. But how do you judge the merits of the products that you buy? There's the rub.
We've covered a number of approaches before -- the Corporate Fallout Detector, Greener Choices and Conscious Consumer Marketplace, to name just a few -- as well as experimented with compiling our own information.
Ethiscore, Ethical Consumer Magazine's online shopping guide, claims to trump them all. It's not free, which will no doubt reduce its impact, but it does have a cross-issue, comprehensive approach others lack, rating companies on a variety of issues and criteria, from human rights to sustainability.
Sites like these represent a growing trend towards socially-conscious shopping:
Ethical shopping has become a big business in recent years, with large companies beginning to realise the profits to be had from cleaning up their acts. The so-called "ethical consumption" market in the UK is now worth an estimated £20bn a year, while boycotts of demonised companies lost them around £2.6bn a year. British consumers spent £140m on products bearing the Fairtrade logo in 2004, a year-on-year rise of 53 per cent.
That's not chump change, and the movement is definitely growing -- all of which bodes well for the rise of the transcommercial corporation.
(great grab, Judith!)









