As we move further into the 21st century,our business as suppliers of premium quality cocoa beans
can only be maintain by practices based on principles of long time sustainability.In meeting our commitment to becoming leaders in the sustainable cocoa economy , we build our business strategy on three pillars of sustainability by.....
Olam Food Ingredients Reaches Cocoa Compass Targets For 100% Child Labour And Deforestation Monitoringadmin
Olam Food Ingredients (OFI), a leading supplier of cocoa beans and cocoa ingredients, today announces it has established child labour monitoring across its managed sustainability programmes, covering 183,000 households in nine countries, and 100% deforestation monitoring across its direct global supply chain, covering almost 12,000 suppliers. Both achievements are part of Cocoa Compass, OFI’s sustainability ambition for the future of cocoa. In its first impact report published today, the company confirmed that along with its 100% direct supply chain traceability target reached [...]
Cargill is set to lay off 80 workers at its cocoa and chocolate-processing plant in Milwaukee, Wis. as part of a consolidation effort, reports local news outlet BizTimes. The U.S. agricultural giant has made the redundancies, having decided to move some of its cocoa operations out of state, writes the website, which covers Milwaukee and Southeastern Wisconsin. According to a Cargill spokesperson cited by BizTimes, the group is shifting its cocoa liquor grinding, dry grind and retail operations to facilities in Pennsylvania and Ontario, [...]
By Maytaal Angel LONDON, April 14 (Reuters) – Commodity trader Olam said on Wednesday that new European Union legislation aimed at preventing the import of commodities linked to deforestation and human rights abuses might force it to stop using some of its cocoa suppliers. Olam and other global companies with operations that include countries where environmental and human rights abuses are widespread, face increased pressure from consumers and lawmakers to source their products ethically. The European Commission, the EU’s executive, is expected [...]