Cargill doubles sustainable sourced cocoa in Ghana, benefitting 13,000 farmers
The amount of sustainable cocoa sourced by Cargill in Ghana has doubled since the establishment of its own licensed buying company (LBC) model, and over 13,000 cocoa farmers are now benefiting from the initiative – up by 30 percent from 10,000 a year ago. The figures have been published as Cargill makes its second sustainable premium payment of USD 870,000 to farmers since establishing its own direct sourcing model in 2016. These premium payments currently represent the highest payments paid per bag of certified cocoa in the industry for the 2017/2018 crop season in Ghana.
Under the LBC model, Cargill sources and purchases cocoa directly from certified farmers, building stronger relationships both with them and their communities.