“The Fair Trade Award is an initiative of the Foreign Ministry to give credit to companies observing in their foreign trade and manufacturing the principles of corporate social responsibility established by the Organisation for Economic Co-operation and Development (OECD).
It is the fourth time the award has been presented and is also supported by the Institute for Corporate Sustainability and Responsibility and the Latvian Chamber of Commerce and Industry. Companies are assessed according to criteria laid down by experts from the Institute for Corporate Sustainability and Responsibility in line with the Sustainability Index.
In 2015, the Fair Trade Award went to CEMEX, in 2016 to Latvenergo, a state-owned joint stock company, and in 2017 – to RIMI Latvia.
