Ethical consumerism, also known as conscious consumerism, is a trend where consumers make purchasing decisions based not only on the price and quality of products but also on ethical and social factors. This trend has gained momentum in recent years as people become more aware of the impact their buying choices have on various aspects of society and the environment. Here are key points related to ethical consumerism:
Social Responsibility: Ethical consumers consider a company’s commitment to social responsibility when making purchasing decisions. They support businesses that engage in fair labor practices, support workers’ rights, and provide safe working conditions.
Environmental Sustainability: Concerns about climate change and environmental degradation have driven consumers to seek products and companies that prioritize sustainability. Ethical consumers may look for eco-friendly products, those with minimal packaging, or items made from recycled materials.