Fair Trade bananas gain ground

03/15/2013 01:31:00 PM
Melissa Shipman

“The more people who are innovating and trying new approaches within Fair Trade and sustainability as a whole, the higher the likelihood for success,” she said.

Banacol Marketing Corp. has one such program, said Bill Sheridan, executive vice president of sales.

The Coral Gables-based company contributes 36 cents per pallet to Corbanacol, the company’s social foundation, for use in its social investment programs without considering it as a tax deduction, according to a company e-mail.

That policy has resulted in $46 million in donations in the past 14 years.


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