Sentences with phrase «cocoa supplier said»

Not exact matches

Yet industry sources say illegal cocoa in protected forests is the main reason for the supply glut and, as a result, halting productivity efforts will fail to make a significant dent in supply - while giving rise to quality issues and disease.

«All present agreed that ending deforestation in the supply chain was an urgent imperative,» said Rainforest Alliance Senior Manager Christian Mensah, «especially since cocoa is a major commodity for Ghana — it accounts for approximately USD 2 billion in annual investment there.»

Hershey's chief procurement officer Susanna Zhu said: «A sustainable cocoa supply depends on a multi-stakeholder collaborative approach to find solutions to the social, environmental and economic challenges facing cocoa - growing communities.

Four concrete and relevant targets by 2025 In order to secure the future of chocolate, Barry Callebaut's new sustainability strategy includes four targets that the company expects to achieve by 2025 and that address the biggest sustainability challenges in the chocolate supply chain: • Eradicate child labor from its supply chain • Lift more than 500,000 cocoa farmers out of poverty • Become carbon and forest positive • Have 100 % sustainable ingredients in all its products CEO Antoine de Saint - Affrique says: «The targets we have set ourselves after a thorough materiality analysis are bold, and we recognize that we do not have all the answers.

Chocolate makers, Lee says, realise that sustainable supply of their key commodity — cocoa — is crucial to business sustainability and spend millions on sustaining these programmes before they start selling the actual chocolates.

He said the government was supplying cocoa farmers with new seedlings for them to replace old cocoa trees as well as agro-chemical and fertilizers to increase the yield of the farmers.