As an experiment, I turned to the Artificial Intelligence (AI) chatbot ChatGPT* to obtain an outside eye on the current state of the cocoa industry. I was curious to know if a computer algorithm could come up with credible answers to the main issues that...
Charity calls for ‘Big Chocolate’ to pay more to Ghana’s cocoa farmers after it revealed that their net incomes have fallen on average by 16% since 2020, with women’s incomes falling by nearly 22%.
Among other ambitious targets, a goal of the TSIRO Alliance in Madagascar is to 'conserve biodiverse ecosystems'. It’s a tall order, but one that the programme is uniquely designed to meet.
The World Cocoa Foundation (WCF) has announced Christine McGrath, SVP and Chief Impact & Sustainability Officer at Mondelēz International, as its new chair, along with two new board officers.
Both countries’ economies have been ‘hit hard by the triple shock of the Covid-19 pandemic, global financial tightening, and adverse spillovers from Russia’s war in Ukraine’.
Barry Callebaut Group has announced significant changes to its Forever Chocolate sustainability programme adding additional targets and sharpening existing ones as it looks to make sustainable chocolate the norm beyond 2025.
The International Cocoa Organization (ICCO) has announced the reappointment of Michel Arrion as Executive Director for a period of 5 years until 30 September 2028.
ConfectioneryNews was invited by Barry Callebaut, the world’s largest cocoa supplier and chocolate manufacturer with a significant operational presence in Cote d’Ivoire, to report on how the country is adapting to new challenges in its supply chain.
The International Cocoa Organization (ICCO) has reported cocoa prices at the halfway mark of the year (2022-23) of the first position of cocoa futures were broadly higher year-on-year on both the London and New York markets.
Hershey has become the latest chocolate company to support increased incomes for cocoa farming households in Cote d’Ivoire with the launch of its Income Accelerator programme that will facilitate the provision of cash transfers (CTs) and investments in...
In the week that the European Parliament adopted a new law to fight global deforestation and ahead of Earth Day (22 April), Satelligence has announced results of a collaboration with Swedish sustainable ingredients supplier AAK on helping it verify its...
The European Parliament has formally adopted a new law to fight global deforestation with cocoa, coffee, palm-oil, soya, wood, rubber, charcoal printed paper products and cattle covered by the new rules, which obliges companies to ensure products sold...
Ethical chocolate brand Tony’s Chocolonely has announced a partnership with the UK’s Glastonbury music festival to release limited-edition bars that will raise money for poverty-fighting charity Oxfam.
The European Cocoa Organisation (ECA) has reported that 375,375 tonnes of raw cocoa were ground for the 1st quarter of 2023. This corresponds to a slight increase of 0.5% compared to the same quarter of the previous year.
Cocoa production in Colombia has increased by over 60% in the past 12 years and according to the International Cocoa Organization (ICCO), in 2020, Colombia ranked 10th in the world in terms of annual cocoa production.
As reported in CN earlier this month, Amsterdam’s Chocoa Conference will now take place from 7 to 11 February 2024 in cooperation with the World Cocoa Foundation’s Partnership Meeting, which will run from 6 to 7 February in the same venue (Beurs van Berlage)...
Premium sustainability chocolate brand MIA (Made in Africa) has carved out a unique reputation for itself since launching several years ago in Madagascar, crafting bean-to-bar products in cocoa-growing communities.
Olam Group Limited has published its 2022 Annual Report, which highlights its financial and non-financial achievements across three comprehensive components: Strategic Report, Governance Report and Financial Report.
The Cocoa Coalition, a multi-stakeholder initiative set up to prevent and address child labour and forced labour in the cocoa sector, has released a new position paper supporting the objectives of the proposed EU Regulation on Prohibiting Products Made...
The West African country is the world’s largest cocoa grower, but sustainability problems persist despite numerous government and industry interventions, as highlighted by two recent reports.
In news over-shadowed by the shock resignation of CEO Peter Boone, Barry Callebaut announced sales volumes in the six months ending 28 February fell 2.9% to 1.13 million tonnes and has lowered its sales volume guidance as inflationary pressures continue...
The World Cocoa Foundation (WCF) has announced its next Partnership Meeting will take place in Amsterdam at the Beurs van Berlage (Old Stock Exchange) from 6 to 7 February 2024, immediately followed by the CHOCOA conference, which will take place in the...
The Board of Directors has appointed Peter Feld (57, German national) as the new Chief Executive Officer (CEO) of the Barry Callebaut Group, with immediate effect. Feld succeeds Peter Boone who is stepping down for personal reasons.
While many companies claim ‘100% sustainably sourced cocoa’ on their chocolate bars, these sustainability claims cannot be ‘ necessarily’ trusted,' according to the latest ‘Chocolate Scorecard’ that has analysed companies selling chocolate around...
Launched in October 2018 at the World Cocoa Foundation’s (WCF) Partnership Meeting in São Paulo, CocoaAction Brasil is coming to the end of its initial five-year cycle. The recent publication of an Impact Report reveals how it has helped cocoa regain...
The long-term agreement with Nestlé will include payments for ecosystem services (PES) to more than 6,000 farmers covering 11,500 hectares of agroforestry in Côte d’Ivoire. The implementation of the project is already underway, with three cooperatives...
Alongside its 2022 Annual Report, Nestlé has published its Creating Shared Value and Sustainability (CSV) Report, with details on its supply chain transparency commitments and progress on its ‘Good for the Planet' initiative as well as the company’s...
Dove Galaxy said it will focus on women empowerment within cocoa growing communities and Dove Galaxy retail markets as part of an ambitious sustainability pledge to help one million people thrive by 2030 in its value chain.
Gerard Manley, CEO of ofi’s Cocoa business and the group’s Chief Sustainability Officer (CSO), has announced he will will retire at the end of June 2023 after 25 years with the company.
CFI 2.0 expected to prioritise a national traceability system in direct and indirect supply chains to counter deforestation caused by cocoa growing in West Africa, when the announcement is made in May 2023.
Guittard Chocolate Company has announced its dairy-free kosher pareve processing capabilities and its new dairy-free product line, which will include three retail baking chips - Semisweet Chocolate Chips, Extra Dark Chocolate Chips, Akoma Organic Extra...
The value of the global cocoa market is $48.3 billion in 2022, which is projected to reach $ 79 billion by 2032-end, increasing at a CAGR of 5% between 2022 and 2032, according to new research by Fact.MR.
Luker Chocolate, a Colombian family-owned business-for-business (B4B) chocolate manufacturer that provides chocolate and cocoa to many private label and artisan companies in the UK, has highlighted a remarkable story of two women who bridge the digital...
Strong consumer demand for affordable, sustainable products will drive the Fairtrade market in 2023, the organisation said after a successful awareness campaign in the UK brought ethically sourced products, such as chocolate, bananas and coffee, into...
Sylvie Woltering-Valat, head of marketing at global cacaofruit expert Cabosse Naturals, explains the impact upcycling cacaofruit can make towards the journey of more sustainable supply chains.
Cocoa prices posted moderate losses on the New York and London ICE exchanges at the end of last week. May ICE NY cocoa (CCK23) closed down -51 (-1.80%), and May ICE London cocoa #7 (CAK23) closed down -26 (-1.20%) as a stronger dollar sparked long liquidation...
Empty supermarket shelves and stock shortages are becoming increasingly common in the UK, but the Fairtrade Foundation has issued a warning that everyday essentials including cocoa, bananas and coffee could be at risk of becoming ‘endangered’ due to climate...
Brazilian cocoa farmers are putting pressure on the government to suspend imports from Cote d’Ivoire over a fear the cargo will also include insects and weed seeds such as Striga weed, putting local cocoa farms at risk.
Nigeria’s cocoa exporters say they are also struggling to honour contracts, and many are suspending activities due to challenges, including a shortfall of cash to pay labourers and transporters.
Fairtrade and the International Trade Centre (ITC), the joint agency of the World Trade Organization and the United Nations, have announced an expanded partnership aimed at helping farmers and agricultural workers to diversify and access new markets.
Conseil du Café-Cacao (CCC), Cote d’Ivoire’s cocoa regulator, has issued a statement that it expects the country’s cocoa exporters to fulfill their contracts despite supply chain issues at ports.
Have you ever wondered what the difference is between ‘CACAO’ and ‘COCOA’? So do we! For consistency, ConfectioneryNews’s editorial guide uses the word 'COCOA', except when quoting other sources, but it can get a little confusing ...
Cocoa exporters in Cote d’Ivoire are reportedly close to defaulting on their contracts due to a lack of beans and urgently need up to 150,000 tonnes to honour their commitments.
Barry Callebaut Group has announced a major breakthrough in America after it has established a qualified health claim with the Food and Drug Administration (FDA), stating that high-flavanol cocoa powder may reduce the risk of cardiovascular disease.
PRONATEC, an owner-run Swiss family company that maintains long-standing partnerships with cooperatives in the countries of origin, has been a pioneer in the global organic and Fairtrade movement for 45 years. In 2022, it opened its own impressive and...