1. Enhance Transparency: By using this template, social responsibility managers can provide stakeholders with clear and detailed information about the fair trade products offered by the company. This transparency helps build trust with consumers and demonstrates a commitment to ethical sourcing.

2. Streamline Procurement: With a centralized list of fair trade products, procurement teams can easily identify suppliers, track certification statuses, and manage price premiums. This streamlines the procurement process and ensures that only ethically sourced products are sourced and promoted.

3. Meet Sustainability Goals: By utilizing this template, organizations can align their product offerings with sustainability goals and support fair trade practices. This not only benefits the environment and local communities but also enhances the company's reputation as a socially responsible business.