Articles Tagged with ''cocoa''

The World Cocoa Foundation (WCF) is leading the cocoa sector's drive towards consistent reporting with the launch of the first-ever greenhouse gas (GHG) accounting standard for cocoa.

The company has reportedly achieved record revenue while halving cocoa's climate impact and doubling farm resilience.

Acumen, a global nonprofit impact investor, has debuted a Valentine’s Day campaign urging chocolate lovers to “Make a #Cocoamitment” by choosing chocolate brands that support fair wages for cocoa farmers.

Consumers have continued to experience rising chocolate prices on shelves—with retail prices up 10% in 2023. 

Aaron Iverson, national sales manager, North America, Global Organics, talks sustainable cocoa ingredients, certifications like Fairtrade and Organic, and what's new for the company.

Kavita Jain, vice president of supply chain for the Global Emerging Markets (GEM) division at Mars Wrigley, talks about chocolate trends, sustainability, and what's next for the company for 2025.

These challenges already have caused lower cocoa yield and supply instability, leading in turn to quality and safety concerns, with heavy metal and pesticide contamination from archaic farming and handling practices.

ofi is further enhancing efforts to tackle deforestation and drive regenerative agriculture by achieving seven landscape partnerships and bringing over a million hectares under regenerative agriculture by 2030.
 

Biochar is a regenerative farming practice that locks up carbon removed from the atmosphere into soils, contributing to improved soil health and reducing the carbon footprint of cocoa.

Volatile markets, such as cocoa, could possibly drive companies to stockpile inventory to ensure availability and hedge against price swings.