Kwarme Kwateng has written an interesting analysis of the money paid to Cocoa farmers by COCOBOD, for their living income differential (LID). Ghana promised to pay farmers 100% of the money brought in by the Living Income Differential, but the devil, as they say, is in the detail, and Kwateng breaks down the numbers, and […]
ANALYSTS QUESTIONS IF COCOBOD SHORT-CHANGES FARMERS OVER LID Read More »
Tony’s Chocolonely – the chocolate brand who wants to own a reputation for fighting injustice in the chocolate industry – reported that they found 1,701 child workers in their production line. The Dutch chocolate makers recently defended their partnership with Barry Callebaut, which was viewed as an abandonment of their values, after the latter was
TONY’S CHOCOLONELY REPORTS 1,701 CHILD LABOUR CASES Read More »
A new study by Professor Sean Kennedy of the University of Illinois Urbana-Champaign argues that the existing strategies used by chocolate companies that are designed to improve farmer livelihoods could be having the opposite effect. This important study perhaps takes a while to warm to the point, but it presents a solid foundation to support
NEW STUDY FINDS MARS ENVIRONMENTAL POLICY HURTS FARMERS Read More »
As the theme of sustainability is only expected to grow more prevalent in the cocoa industry in 2022, there is one eco-friendly use for cocoa, that many may not have anticipated. Cacao Ecovillage will be the ‘Silicon Valley’ for circular economy innovators Architecture studio, Valentino Gereri Atelier has designed the world’s first carbon-neutral smart village,
ARCHITECTS PLAN CACAO VILLAGE USING 3D PRINTERS Read More »
Olam Food Ingredients’ (OFI) Global Head of Corporate Responsibility and Sustainability, Christopher Stewart, believes sustainability will be the primary driver of Cocoa trends in 2022. OFI is a large global supplier of Cocoa and other food ingredients such as coffee, nuts and spices. In an article for ConfectionaryNews, Stewart explained he is confident that “the
SUSTAINABILITY TO DRIVE COCOA TRENDS IN 2022 Read More »
It’s unfortunately true that bad news is more popular, but I want to buck the trend and start the new year to discuss two positive drivers of change in the industry. It’s something I’ve been thinking about recently – and interesting that they’re coming from unexpected quarters. Am I being naive? Let me know your
TWO REASONS TO BE OPTIMISTIC ON INDUSTRY SUSTAINABILITY Read More »
A writer for the respected and popular environmental website Mongabay, Yvette Sierra Praeli, was issued with a lawsuit by Peruvian cacao company, Tamshi, in what has been described as a campaign of intimidation. The lawsuit, which was dismissed by the court in November, came about after Praeli covered a story related to a government investigation
PERUVIAN COCOA COMPANY LAWSUITS ARE ‘INTIMIDATION’ SAY ENVIRONMENTALISTS Read More »
COCOBOD raises $600m to defeat Cocoa Swollen Shoot Virus disease, (CSSV), and double annual production to 1.5 million tonnes At an event held in the Dutch Embassy to celebrate Cocoa Day, COCOBOD’s CEO Mr Joseph Aidoo, told the attendees that Ghana’s production should be almost double the 800,000 tonnes they produced in 2019/20, to reach
COCOBOD WANTS TO DOUBLE PRODUCTION BY BEATING CSSV Read More »
Mondelez International has made a public commitment to being ‘Net Zero’ meaning they are not, on balance, adding to Greenhouse Gas Emissions. “Carbon neutral”, and “net-zero” among other words have become the lingua franca for chocolate companies who use ambiguous terms to explain their corporate policy to consumers. Many consumers, I’m certain, will have been
MONDELĒZ MAKES NET ZERO COMMITMENT BY 2050 WITH SBTI Read More »
Olam Food Ingredients, OFI are developing their relationship further with Mondelēz International with a new initiative in Brazil. The two companies which had previously announced a joint venture to develop the worlds largest sustainable Cocoa farm in Indonesia has now joined forces with Partnerships for Forests (P4F) and The Nature Conservancy (TNC) to create a
OLAM, MONDELĒZ, P4F AND THE NATURE CONSERVANCY TACKLE DEFORESTATION IN PARÁ Read More »
Introduction In July 2021, Z/Yen held a webclave for international financial centres to discuss approaches to sustainable finance and delivering the UN Sustainable Development Goals (SDGs). The group discussed: The scope for local action, recognising the role that financial centres have in bringing together key players, supporting market access, developing standards and regulatory approaches, enabling
COP26 – CARBON PRICING. STICKING PLASTER OR KEY TO PROGRESS? Read More »
Transparency has become a watchword separating good from bad behaviour on sustainability issues. An example of this is to explain something in clear unambiguous terms so that the intended audience is not misled about a company’s activity. Consider the word ‘Sustainable’. What does it mean when a company claims to be following a sustainable strategy?
SUSTAINABILITY. EASIER SAID THAN UNDERSTOOD? NEW REPORTING REGULATIONS Read More »
