Ivory Coast
Ban on Hershey operating its sustainability programmes lifted in Ivory Coast
The ban on Hershey’s sustainability activities in Ivory Coast has been lifted, as the business reaffirms its commitment to the country’s Living Income Differential (LID) for enhanced payment of farmers, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Barry Callebaut records progress against Forever Chocolate sustainability goals
Barry Callebaut has reported further progress against its ambitious Forever Chocolate campaign to help lift 500,000 cocoa farmers in its supply chain by 2025, writes Neill Barston
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Hershey banned from sustainability programmes in Ivory Coast and Ghana
US confectionery business Hershey has been banned from sustainability projects in Ghana and Ivory Coast, after reports the business bought significant quantities of cocoa on the New York Futures commodities market, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Hershey buys futures market cocoa amid concerns over West African support scheme
US confectionery company Hershey has reportedly moved to buy up to 30,000 tonnes of cocoa on the New York Futures trading market, which is not subject to the new Living Income Differential (LID) scheme designed to financially boost farmers’ wages in Ghana and Ivory Coast, writes Neill Barston
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Major $10 billion income gap for Ghana and Ivory Coast farmers remains a critical sector goal
Delivering on cocoa supply chain sustainability remains the most single pressing task for major players within the confectionery industry, with an especially notable milestone having just been put down.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Mondelēz report highlights $10 billion annual income gap for Ghana and Ivory Coast farmers
Mondelez International has released a major report with Wageningen University & Research into reducing the $10 billion income gap for cocoa farmers in Ghana and Ivory Coast, believing cross sector action is required, reports Neill Barston
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
World Cocoa Foundation president raises concerns over ‘unprecedented challenges’ at partnership meeting
President of the World Cocoa Foundation Rick Scobey, has raised concerns over the ‘unprecedented challenges’ facing the sector in his opening remarks for the organisation’s annual partnership meeting, writes Neill Barston
Business news, Cocoa & chocolate, New products, Processing, Sustainability
Ben & Jerry’s ice cream boosts payments to cocoa farmers in Ghana and Ivory Coast
Global ice cream brand Ben & Jerry’s has pledged its support towards farmers in cocoa growing markets of Ivory Coast and Ghana through a new partnership with Fairtrade.
World Cocoa Foundation places delivering on sustainability at core of partnership meeting
The World Cocoa Foundation (WCF) has revealed its key annual partnership meeting is set to place the future sustainability of its industry at the heart of the two-day event, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Fairtrade raises concerns for farmers rights relating to new UK Environment Bill
The Fairtrade Foundation is seeking greater assurances from the UK government over its new Environment Bill, which delivers due diligence measures banning British firms from selling products with a connection to deforestation overseas, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Mars reveals progress on its Cocoa For Generations billion-dollar cocoa sustainability plans
US-based Mars Wrigley has released its 2020 Cocoa for Generations report, updating progress on its $1 billion investment over a decade on its drive to ensure 100% sustainability for its cocoa sourcing in key markets of Ghana and Ivory Coast, reports Neill Barston
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
European Cocoa Association shows regional cocoa grindings fall amid challenging market
The latest quarterly figures have been released by the European Cocoa Association, which showed that cocoa grindings are down by 4.7% amid challenging conditions.
Business news, Cocoa & chocolate, Processing, Sustainability
Olam gains industry accolade for AtSource cocoa sustainability platform
The global Olam agri-business group is celebrating after its innovative AtSource sustainability insights platform for products including cocoa, cashew and rice has gained the 2020 Reuters Responsible Supply Chain Award.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
NORC study on child labour in Ghana and Ivory Coast cocoa production finds more collaborative work required
A major study into progress of industry measures put in place to tackle child labour in key cocoa supply chains in Ghana and Ivory Coast, has found that while inroads have been made, there is a significant volume of work remaining, writes Neill Barston.
Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability