Nestlé is striving to make its cocoa traceable right back to the farm. Can the multinational give consumers confidence they’re eating sustainable cocoa?
Commodity exchanges influence prices of key foods and ingredients on all levels of the supply chain. But how close is the link between the commodity exchange, and the commodity itself?
A new report sheds light on the urgent need to address critical environmental, poverty and child labour issues in cocoa, particularly those in indirect supply chains
Barry Callebaut, which describes itself as the ‘heart and engine of the chocolate industry,’ has claimed notable advances in sustainable cocoa farming and deforestation prevention in Côte d'Ivoire and Ghana.
The extraordinary price rallies recorded in the cocoa futures markets have been accompanied by increasing volatility, with reports of panic buying in the US market.
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.
The latest CN webinar on sustainable cocoa supply chains asked the question: should the industry adopt a more responsible approach to procurement when sourcing cocoa beans and other ingredients?
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.
By developing a chocolate bar using not only the cocoa bean but the pulp and endocarp as well, a new study aims to create a more sustainable form of chocolate.
Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate supplier in North America, has announced it is extending its partnership with sugar reduction company Incredo.
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.
After a topsy-turvy week, world cocoa prices recovered on Tuesday after registering losses of more than 20% the prior week, but the market is still struggling with a lull in trading.
Major cocoa supplier ofi (olam food ingredients), has claimed recent developments in data and technology are behind its progress towards creating a more sustainable supply chain.
‘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,"...
The proposed EU Corporate Sustainability Due Diligence Directive (CSDDD) seeks to introduce legal obligations for large corporations to conduct human rights and environmental due diligence in their global supply chains.
Barry Callebaut, the world’s largest chocolate supplier, has launched the Future Farming Initiative (FFI) to build a high-tech and sustainable cocoa farming business under the leadership of Steven Retzlaff.
Cocoa grinding in Germany remained positive in the first quarter of 2024, the Association of the German Confectionery Industry (BDSI) reported, but the rest of Europe remains sluggish.
The new Fairmade label has announced a collaboration at the Farm Shop & Deli show in Birmingham, England, to highlight a more equal business model for African products.
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!
An investigation by Initiatives for Community Development and Forest Conservation (IDEF) has revealed that some cocoa beans exported from Cote d'Ivoire to the EU originate from deforested land in neighboring Liberia.
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 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.
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.
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...
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.
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...
The European Union Deforestation Regulation (EUDR) is facing major pushback from ministers and trade organisations within Europe, alongside continued pressure from palm oil producer nations in Asia, casting doubt on hopes for a smooth implementation.
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).
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.
The World Cocoa Foundation (WCF), along with other industry stakeholders, has launched groundbreaking methodology for accurately measuring cocoa household and living incomes.
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.
Tony's Chocolonely has significantly impacted the US market since launching in 2022, attracting fresh investor interest and an expanded retailer presence.
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.
Cote d’Ivoire President Alassane Ouattara has personally authorized the increase of the cocoa farmgate price to 1,500 CFA francs ($2.47) per kg from the current 1,000 CFA in an official announcement made today (Tuesday, 2 April) in Abidjan.
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.
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.
Latin American food conglomerate Grupo Nutresa has launched a new sustainability programme to continue strengthening Colombia’s cocoa chain after posting revenues of $18.9 billion in 2023, representing a growth of 11% compared to the previous year.
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.
