Ghana
Barry Callebaut adds to the chorus of industry calling for EUDR regulations to be delivered urgently
Global chocolate and cocoa business Barry Callebaut has joined an array of businesses that have called upon the EU to set about its much-anticipated EUDR environmental legislation, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Combined industry action on improving farmer pay for the cocoa sector remains crucial for its future
It’s now been a full four years since Mondelēz released its pivotal ‘No Silver Bullets’ study that revealed the sheer scale of the $10 billion income gap that cocoa farmers in West Africa are facing to earn a living income.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Caobisco joins major industry players seeking timely delivery of EUDR laws
Caobisco, the key European confectionery, chocolate and biscuits trade body has joined the chorus of organisations that have called for the EU to fully adopt the landmark new environmental laws as soon as possible, in the wake of proposals for a year-long delay, writes Neill Barston.
Cocoa Coalition of Ferrero, Mars, Mondelez and Nestlé urges EU not to water down delay-hit EUDR environmental laws
A collective of major confectionery businesses known as the Cocoa Collective, including Ferrero, Mars, Mondelez International Nestlé, Tony’s Chocolonely, has urged the EU to resist any further amendments to EUDR legislation on tackling deforestation, which is already set to be delayed by a year, reports Neill Barston.
French cocoa group, Touton, reveals core progress with sustainability targets
The French headquartered cocoa and commodity ingredients group has unveiled its latest annual sustainability report focused on delivering on its environmental and responsible sourcing targets, reports, Neill Barston.
Exclusive: European Commission draws environmental concerns over proposed EUDR one year delay
The European Commission has proposed a year-long delay to its landmark EUDR frameworks aimed at tackling deforestation within key supply chains including, cocoa and palm oil, drawing sharp criticism from environmental groups including Mighty Earth, writes Neill Barston.
Ivory Coast and Ghana cocoa prices remain volatile after 15% Futures market price drop
Considerable market volatility has continued to impact key cocoa markets in Ghana and Ivory Coast, in the wake of a 15% drop in New York Futures prices from over $9,000 a tonne to $7,300 at the start of this week, reports Neill Barston.
Fairtrade Fortnight 30th anniversary continues to highlight major tests facing farming supply chains
As part of its 30th anniversary celebrations, the Fairtrade Foundation is set to move its Fairtrade Fortnight to September in a move to extend the celebration of it mission in continuing to campaign for improved farmer prices in supply chains including the cocoa sector, writes Neill Barston.
Mars makes strides with Sustainable in a Generation project, yet key environmental tests within supply chains remain
Mars has asserted it remains on track to achieve its 2050 net zero environmental goals, with the release of its 2023 Sustainable in a Generation report part of a $1 billion investment gearing towards achieving its milestone targets, reports Neill Barston.
Tony’s Chocolonely confirms need for retail price rises as cocoa sector supply challenges continue
Tony’s Chocolonely, the Dutch-founded impact confectionery brand, has informed consumers on its decision to raise prices across its group, as its cocoa supply chains face continued major challenges with farmers’ yet to reach a living income and renewed crop diseases hit yields, reports Neill Barston.
Touton delivers Cocoa and Forests Initiative progress, yet major challenges remain
The Touton Group has released its latest Cocoa and Forests Initiative report (CFI), in which it has claimed key progress, including doubling the amount of farms that it has engaged with as part of the key cross-industry initiative, writes Neill Barston.
Caobisco issues plea to EU Commission president on EUDR deforestation laws
The European confectionery trade body, Caobisco, has issued an urgent plea to EU Commission president Ursula von der Leyen over significant concerns surrounding the implementation of the upcoming EUDR supply chain legislation, reports Neill Barston.
Global cocoa prices hit $10,000 again on Futures commodities markets
Cocoa prices on the commodities market once again tipped into the $10,000 a tonne price point, amid renewed pressure in the wake of an ICCO confirmation that crop supplies in key Ghana and Ivory Coast are expected to continue to experience a worse than anticipated deficit of supply, writes Neill Barston.
Exclusive: Puratos Cacao-Trace scheme sets ambitious targets supporting key cocoa communities
As the chocolate industry continues to play a stronger focus than ever surrounding delivery on sustainability goals amid upcoming EUDR regulations, Puratos recently released its annual Cacao-Trace report.