Tea Biz News and Insight - February 4, 2022

HEAR THE HEADLINES – Finlays’ and Firmenich Partner in Tea and Coffee | Japan Tea Exports Rise to New Record | Nothing is Normal in Tea Logistics, a TEANIN22 Forecast | PLUS The IDH Roadmap to a Living Wage| NEWSMAKER – Judith Fraats, senior program manager IDH, the sustainable trade initiative| FEATURES – This week, Tea Biz travels to Amsterdam in the Netherlands where Judith Fraats, senior program manager at IDH, the sustainable trade initiative, discusses the IDH living wage roadmap and how tea companies can ensure a living wage for workers at every link of the supply chain.IDH Roadmap to a Living Wage –A sustainable future in tea depends on a shared responsibility among stakeholders to assure living wages (for workers) and a living income for smallholders. Last fall, Netherlands-based IDH, the sustainable trade initiative, introduced the Living Wages Roadmap, a platform, online wage matrix, and guide to help businesses assess potential wage gaps along their supply chain. Case studies show that companies that pay a living wage to achieve greater productivity, less turnover, and a competitive marketing advantage by improving the quality of life for workers.

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