DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Mars - 1 Cargill - 1
Top related locs:
Ghana Superior West Africa
Top related orgs:
CBS News - 1 CNBC - 1 CBS - 1 of Washington - 1 Cargill - 1 U.S - 1 Supreme - 1 Nestle USA - 1

Search resuls for: "Cocoa Initiative"


2 mentions found


☆ Mars, accused of using child labor in its supply chain, says it aims to end the practice
  + stars: | 2023-11-30 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +3 min
For more than two decades, the world's largest chocolate makers have been pledging to eliminate — or at least reduce their reliance on — child labor. For its part, Mars' latest deadline to end child labor in its supply chain is 2025. The company said more than 65% of its West African cocoa supply chain has already achieved compliance. Read the full statement from Mars below:Mars unequivocally condemns the use of child labor. It has no place in our supply chain, and we are fully committed to helping to eradicate it.
Persons: Mars, Cargill Organizations: CBS News, CNBC, CBS, of Washington, Cargill, U.S, Supreme, Nestle USA, Labor, Cocoa Initiative, ICI, Rainforest Alliance, Fairtrade, CNBC PRO Locations: Ghana, Superior, West Africa
☆ In Africa's fields, a plan to pay fair wages for chocolate withers
  + stars: | 2023-04-04 | by ( Ange Aboa Maytaal Angel | Ange Aboa | Maytaal Angel | ) www.reuters.com   time to read: +9 min
Nestle (NESN.S) and Hershey (HSY.N) said they paid the LID premium. But when the COVID pandemic cratered demand, global cocoa prices plunged before they built up a cushion. Ivory Coast and Ghana say companies should pay both premiums. Industry data from the International Cocoa Organisation (ICCO) shows cocoa output in Ivory Coast rose to record levels in the 2020/21 season. Of the roughly 2 million tonnes of cocoa Ivory Coast produces each year, between 20-30% is grown illegally in protected forests by an estimated 1.3 million people, many of them children.
0 next >>
Total: 2