Market for Ethical Markets…

Jay OwenGreen Prosperity

 

Bart King, Sustainable Brands Media

 

January 3, 2013— Consumers remain willing to pay a premium for ethical goods and services despite lingering economic troubles, according to a new study.

The annual Ethical Consumer Markets Report produced by the UK’s Co-Operative shows that since the onset of the recession five years ago, the total value of ethical markets has gone from £35.5 billion (US$57.7 billion) to £47.2 billion (US$76.7 billion). Furthermore, it’s grown from £13.5 billion ($21.9 billion) in 1999.

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