Chocolate Companies

Cocoa For Generations Report

SUMMARY OF COCOA FOR GENERATIONS AND EQUALITY REPORTS, 2021

Mars has released their 2021 Cocoa for Generations Report and two sub-reports for the year 2021. The main report, comes this year in the form of a bite-size interactive webpage, rather than a downloadable PDF. If anyone involved in authoring the Annual Report reads this, please can I convince you to go back to using …

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GODIVA AND EARTHWORM FOUNDATION WORK ON TRACEABILITY

The incoming European laws over proof of origin have been the catalyst of new supply-chain initiatives. Godiva, which sources its Cocoa from the two largest producers, Côte d’Ivoire and Ghana, hasn’t always had a great track record for its ESG approach. In 2020 they won the Rotten Egg award for worst performing company. Mighty Earth …

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Barry

BARRY CALLEBAUT’S WIEZE FACTORY NOW SALMONELLA-FREE

Two months ago, chocolate giant Barry Callebaut shut the doors to one of its largest factories situated in Wieze, Belgium, over an outbreak of salmonella found in batches of lecithin.  The contamination required chocolate production at the facility to come to an immediate halt, while it underwent a deep cleaning process to rid the location …

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Cailler

NESTLÉ’S CHOCOLATE THEME PARK OPENING IN 2025

Nestlé’s upcoming chocolate theme park will be built in Gruyère, Switzerland in 2025. The Swiss chocolate giant has plans to open a Cocoa-dedicated theme park in its home country, specifically in Gruyère, a region some claim as the “chocolate capital of the world.” Swiss newspaper Le Temps reports that the ambitious project is due to …

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Barry Callebaut Oxford

BARRY CALLEBAUT AGREE TO UNION DEMANDS FOR UK 10% PAY INCREASE

The British trade union Unite has reached an agreement with Barry Callebaut’s management on a 10 per cent pay rise for around 200 workers at the company’s factory in Banbury, Oxfordshire. Inflation in the UK is currently at 9.4%, and it is expected to rise to over 13% over the next year. The cost of …

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Nestle Logo

NESTLÉ’S RESULTS SHOW GOOD COFFEE & CHOCOLATE PERFORMANCE

Nestlé CEO Mark Schneider was interviewed by Bloomberg about the half-year results. In it, he said inflation will hit the company harder in 2022 and that the company needs to engage in ‘responsible pricing’, meaning price increases for the rest of us. The company said the need to implement strong price increases to offset rising …

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Hershey Logo.svg1

HERSHEY HALF YEAR RESULTS. PROFIT BOOSTED DESPITE INFLATION WORRIES

Hershey’s half year report is long and detailed, and contains a lot of information not directed more towards investors, or the non-chocolate market. We have only shown parts of the press release which we think are relevant to the Cocoa/Chocolate industry. Like the other chocolate companies issuing their half year financial statements, Hershey made more …

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Happi X The Chocolate Dream

HAPPi & LUKER CHOCOLATE UNITE FUTURE COCOA CHANGE-MAKERS

The creator of chocolate brand Oat m!lk, HAPPi, is launching a joint project ‘Kids for Nature’ with Luker Chocolate. Part of Luker Chocolate’s collaborative plan called ‘The Chocolate Dream’, the initiative aims to protect Colombia’s diverse wildlife with the help of Colombian youths. Colombia is the second most biodiverse country in the world, with more …

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Mondelez

MONDELĒZ PLANS ON STEADY COURSE TO MAINTAIN PROFITS

Mondelēz may not be much loved within the craft chocolate market, but they are popular with investors. We couldn’t find any stock analyst that had a SELL position for the company. Most had BUY positions with a couple of HOLD. Despite a dubious ESG record, the company knows how to keep investors happy. As with …

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Barry Callebaut

BARRY CALLEBAUT CHOOSE LOCATION FOR NEW $120M FACTORY

Earlier this year the company announced plans to invest USD 104 million in the new plant which will include both office space for corporate operations and chocolate processing. The plant will be focused on sugar-free, high protein, and other specialty chocolate products. Barry Callebaut now disclosed the location to be, 4 Bowery Road, Brantford, Ontario, …

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