Ferrero publishes annual Cocoa Progress Report
The company's Cocoa Charter focuses on sustainability, human rights, social practices, and more.
On July 31, Ferrero Group published its annual Cocoa Progress Report, which details significant progress in the company’s efforts to source cocoa responsibly.
The Cocoa Charter is built around four key pillars:
- Sustainable livelihoods
- Human rights
- Social practices
- Supplier transparency
Some highlights from the report include:
- Providing around 64,000 farmers with one-to-one coaching on farm and business planning, with 40,000 farmers supported with individual long-term Farm Development Plans in the '21/'22 farming year.
- A continued high level of traceability from farm to purchase point. Ferrero polygon mapped more than 182,000 farmers, and also covered 470,000 hectares of agricultural land with deforestation risk assessments to ensure no cocoa was sourced from protected areas.
Read the full report here.
Ferrero Group is on the current Candy Industry “Global Top 100 Candy Companies” list. Click here to view the current “Global Top 100” rankings.
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