Founded in London in 1998, the Ethical Trading Initiative (ETI) is a consortium of companies, non-governmental organizations and trade unions that includes The Body Shop, Tesco and Oxfam. The focus is on social criteria.
ETI sees itself as a multi-stakeholder initiative which promotes discussion and study in order to improve the living condition of workers and their families throughout the global value chain.
Members of the Ethical Trading Initiative are committed to implementing the ETI code of conduct step-by-step. This is based on the key agreements of the International Labor Organization (ILO) and is accompanied by a set of general principles. Member companies include retailers, supermarkets, department store chains and suppliers.
The ETI does not conduct any audits, but instead carries out annual monitoring and verification to check that the code of conduct is being upheld. The Initiative does not award any certificates or labels that can help identify a product.