Renard M-C and Loconto A (2013) Competing logics in the further standardization of fair trade: ISEAL
and the Simbolo de Pequenos Productores.
One retailer working with six ISEAL
members told us that certification completes the chain of sustainable sourcing, complementing and going further than the company's own code of conduct.
ELIZABETH GUTTENSTEIN, NADIA EL-HAGE SCIALABBA, JONATHAN LOH, & SASHA COURVILLE, FAO AND ISEAL
ALLIANCE, A PAPER CONCEPTUAL FRAMEWORK FOR PROGRESSING TOWARDS SUSTAINABILITY IN THE AGRICULTURE & FOOD SECTORS (2010) (establishing the four pillars to ensure sustainable development as Good Governance, Social Development, Environmental Integrity, and Economic Resilience).
Stakeholders with an interest in impacts and indicator frameworks include plantation and timber processing companies, investors, the FAST working group, and organisations interested in the impact of certification and sustainable forestry, such as the ISEAL
Alliance and the Global Impact Investing Network.
According to a 2010 survey by the ISEAL
Alliance, an international body that has established a code for the development of credible sustainability standards, 78% of the companies asked what benefits they derived from a standards system answered that operational efficiencies were the most important gains, followed by marketing advantages and sustainability performance.
24, 2013) (providing information on the ISEAL
Among the members of ISEAL
are such well-known private standard-setting organizations as the Forest Stewardship Council (FSC), Fairtrade International, the Marine Stewardship Council (MSC), and the Rainforest Alliance.
The ethical, environmental and social performance criteria that will compose this new standard are expected to be defined by 2014, following multi-stakeholder consultation to ISEAL
Meta-standards (rules for setting rules) such as those developed by the ISEAL
Alliance (140) for voluntary standards, certification, and labeling systems, provide guidance about how to develop effective rules and regulatory structures.
After a slow start-up, the MSC gradually developed standards for sustainable fishing and traceability of fishery products, which meet the requirements of the ISEAL
(International Social and Environmental Accreditation and Labelling Alliance) code of practice for the development of social and environmental standards as well as FAO guidelines.
About 22% of global banana exports are certified (Giovannucci, ISEAL
Alliance Conference, 2010)