Cocoa

Ferrero is a long-standing member of the World Cocoa Foundation (WCF) and the International Cocoa Initiative (ICI). Pic: The Ferrero Group

Sustainability

Ferrero reports solid progress towards sustainability targets

By Anthony Myers

Ferrero said the release of its 15th Sustainability Report demonstrates considerable progress across its key sustainability pillars: protecting the Environment, Sourcing Ingredients Responsibly, Promoting Responsible Consumption, and Empowering People.

Image: Getty/	ampueroleonardo

Sustainability

Cocoa investors request major chocolate companies pay farmers more

By Anthony Myers

An investor letter issued earlier this month by non-profit Investor Advocates for Social Justice (IASJ) has called out international chocolate companies to end what it described as “exploitative purchasing practices,” mainly in Ghana and Côte d’Ivoire.

Luker cocoa farmer  Eugenia Jiménez, inspects this season's crop. Pic: Luker Chocolate

Sustainability

Luker Chocolate on course to impact 1,500 farmers by 2027

By Anthony Myers

Luker Chocolate, the premium Colombian Business-for-Business (B4B) chocolate manufacturer, has revealed significant progress towards Its 2027 sustainability targets, including increasing income for farmers, social wellbeing, and deforestation-free cocoa.

New EU regulations is supposed to halt deforestation. Pic: Global Forest Watch

Regulation

Brussels, do we have a problem with the EUDR?

By Anthony Myers

‘Beleaguered’ is perhaps too strong an adjective to describe the forthcoming European Union Deforestation Regulation (EUDR), but when the bloc’s Director General for Trade goes on record as describing its current state as "extremely burdensome,"...

Sustainability is hard-wired into most supply chains these days, but there is still room for improvements, our next free webinar will hear. Pic: CN

CN Webinar

Free webinar: Is there a crisis in cocoa supply chains?

By Anthony Myers

With the new European Union Deforestation Regulation on the horizon, should the industry adopt a more responsible approach to procurement when sourcing cocoa beans and other ingredients? Sign up for our free webinar to discuss!

Leticia Yankey is the founder of the first ladies-only cocoa cooperative in Ghana. Pic: Oxfam

World Cocoa Conference 2024

Oxfam slams large chocolate companies at World Cocoa Conference

By Anthony Myers

Against a backdrop of cocoa topping $11,000 per metric ton on the futures market for the first time last week, Oxfam says its experts will be highlighting the discrepancies in farmgate price at this week’s World Cocoa Conference (WCC) in Brussels (21-24...

Climate change can significantly affect farmer working practices. Image supplied by author.

Cocoa feels the bite of climate change

By Augustus Bambridge-Sutton

Climate change will affect many industries, but few more than cocoa. While farmers on the ground struggle with fluctuating climatic conditions changing working practices, large companies grapple with environmental regulation.

Cocoa farmer John Narh Adamnor talking to Dr. Kristy Leissle from ACM about the low yield on his farm. Pic: ACM

Commodities

‘Cocoa has failed us,’ says Ghanaian farmer

By Anthony Myers

A new video produced by the African Cocoa Marketplace (ACM) reveals the plight of cocoa farmers in West Africa who struggle to grow enough beans to earn a living.

Cocoa prices continue to climb on the futures markets. Pic: CN

Commodities

Another week, another record high for cocoa prices

By Anthony Myers

Market update: Analysts have described the upward trajectory of cocoa prices as ‘parabolic’ as cocoa futures rose another 2.7% to a new record of $10,760 a ton in New York on Monday (15 April) before falling back to £10,000 a ton after the dollar index...

Cargill explores cocoa and nut-free vegan confectionery

Plant-based confectionery

Cargill explores cocoa and nut-free vegan confectionery

By Anthony Myers

Global cocoa and ingredients company Cargill has announced a new commercial partnership with Voyage Foods to produce alternatives to cocoa-based products and nut spreads without using cocoa, peanuts, and hazelnuts.

A farmer delivers cocoa beans to a processing facility in the Dominican Republic. Pic: CN

Special report

Global cocoa shortage puts pressure on suppliers and manufacturers

By Anthony Myers

While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict...

Getting to the root causes of child labour in Ghana. Pic: ICI

Sustainabilty

High-level initiative set up to tackle child labour in Ghana

By Anthony Myers

A multi-stakeholder initiative has been launched in Ghana to ‘end child labour in all its form,’ by eradicating its root causes, and coordinating ongoing efforts along Sustainable Development Goals (SDGs).

The Hub allows Moo Free to trace every part of its supply chain

News

Moo Free unveils new traceability tool, The Hub

By Gwen Ridler

Dairy-free chocolate maker Moo Free is strengthening its sustainability credentials with the launch of The Hub, a business tool offering the manufacturer complete traceability across its supply chain.

Ghana's regulator is set to raise the farmgate price for Cocoa. Pic: COCOBOD

Commodites

Ghana poised to raise its cocoa farmgate price

By Anthony Myers

Ghana will follow Cote d’Ivoire and raise the fixed farmgate price paid to cocoa farmers by up to 50%. The announcement could be made as early as the end of this week, ConfectioneryNews understands.

The UK needs to make good on promises, and support farmers to protect forests and build a fairer future, Fairtrade said. Pic Nestle

Regulation

Fairtrade calls for UK to beef up its deforestation laws

By Anthony Myers

Similar to the European Union's deforestation measures to tackle deforestation linked to commodity imports, the UK government has announced a new global deforestation law, but Fairtrade is concerned about the extra costs to farmers.

© GettyImages/lisegagne

EUDR: 'Significant legal uncertainties persist'

By Jane Byrne

Operators and traders strive to comply with EUDR but face challenges: gaps in information, technical solutions, and supply chain complexities, claim FEFAC, FEDIOL, and agribusiness groups.

94% of UK consumers  buy Easter eggs, yet 31% would avoid an ethical brand because of mistaken cost assumption, Fairtrade claims. Pic: Fairtrade

Seasonal

Fairtrade urges UK to buy more sustainable Easter eggs

By Anthony Myers

This Easter, shoppers can do more than choose between milk, dark, or white chocolate eggs; they have the power to make a significant difference to the cocoa farmers, says Fairtrade UK.

Cocoa farmers in Cote d'Ivoire plant new seedlings to promote agroforestry. Pic: Nestlé

sustainability

Nestlé onboards suppliers to help cocoa farmers with climate change

By Anthony Myers

Nestlé has announced it is launching two new projects to help address the impact of climate change on cocoa and reduce and remove carbon emissions from its supply chains—as part of its commitment to reach net zero emissions by 2050.

Cocoa beans are in short supply. Pic: CN

Commodities

Future of cocoa under threat as prices skyrocket due to bean shortages

By Anthony Myers

UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on...

John Downs (right) mingles with attendees at this year's SOTIC in Miami. Pic: NCA

SOTIC 2024

Downs: US confectionery is robust enough to survive and thrive

By Anthony Myers

Confectionery’s resilience in the face of global inflationary pressures and the rising costs of raw materials has lifted John Downs, the National Confectioners Association’s (NCA) president and CEO, who said he is confident the category is in excellent...