Future Plans - Cadbury Sustainable

Cocoa Procurement

TIn recent years, the cocoa industry has faced numerous challenges, including fluctuating prices, low farmer incomes, persistent child labor, and the ongoing impacts of climate change. However, companies like Mondelēz International are taking action to address these issues, Mondelēz's Cocoa Life program, which started in 2012, is aimed at scaling cocoa volumes, addressing environmental and human rights challenges, and improving the livelihood of cocoa farmers. The company has already invested $1 billion in the program and plans to spend an additional $600 million by 2030.

The program has already made a difference in the lives of many farmers. In Cote d'Ivoire, for example, farmer net incomes have increased 33%, while in Ghana, they have increased 15%. More than 200,000 growers are participating in the program, with double-digit percentage increases in farmers earning a living income.

s to increase the number of ng a living wage, enhance child o quality education, and end fe farms. The program's goal is 0 farmers by 2030.

ocoa and chocolate market are e a sustainable future for cocoa

Callebaut, and Olam are just a es that have invested money or to sustainability in cocoa rld's largest food company, has a sustainability funding to $1.4 le cocoa products is growing as prioritize sustainability when ons. The cocoa and chocolate surpass $67 billion by 2025, eport from Fortune Business chain problems have disrupted many products, companies like the long-term sustainability of ensure that there is a reliable onable price. Collaboration and s are needed to drive greater dustry. ry faces significant challenges, lēz and Nestlé are taking steps ges and ensure a sustainable n.