Fair Trade Power
Fair Trade Power provides certified renewable energy to households and businesses in Germany. From the start in 2016, the green energy provider has had no links to coal or nuclear-fired energy generation and provides electricity from 100% renewable sources such as solar, wind, water energy, and biogas. This way, Fair Trade Power helps reduce the carbon footprint of individuals, households, and businesses as well as the overall carbon emissions of Germany.
Changing the energy market together
Fair Trade Power seeks to change the basis of energy production to one that meets climate protection needs now and is sustainable in the future. With fairness as the company’s trademark, Fair Trade Power actively seeks to establish fair and transparent relations with energy providers, customers, sales & cooperation partners alike. It uses part of the profits made on every kilowatt-hour sold and invests a certain amount in new and innovative renewable energy projects like the 1000-roof program – an initiative building Solar panels on large factory rooftops. Fair Trade Power sought to protect its mission and independence in the long run and transitioned to steward-ownership in 2021. The Purpose Foundation protects the steward-ownership structure by holding the veto-share. This way, the company’s independence is secured in the long run and profits continue to support growing the capacity of renewable energy generation in Germany.
By putting people rather than just profit at the heart of every decision, steward-ownership makes business an enabler of fair and sustainable practices.