Spending on ethical products soars past £100bn for first time

image 26_ ‘Today (Monday 17th August) Selfridges unveils Project Earth, its transformational sustainability initiative with five-year commitments to change the way we shop and how it does business.’

Annual spending on ethical products and investments has surged past £100bn for the first time after the coronavirus crisis and climate fears sparked lifestyle changes among consumers.

Shoppers increasingly turned to plant-based foods, second-hand clothes and furniture and greener gadgets during 2020, according to a Co-op report, covering the most recent year for which full data was available. 

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