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Ferrero Group says it achieved its goal of sourcing 100 percent sustainable cocoa at the end of 2020, with its distinctive approach of sourcing the majority of its cocoa as raw beans and processing in its plants.
The company knows which farms the cocoa comes from by sourcing from dedicated farmer groups.
Ferrero says it is working to ensure full visibility and traceability of its cocoa across its supply chain and has extended its strategic partnership with Save the Children, committing significant investment to protect children in cocoa communities.
The Save the Children was launched in 20 communities across Côte D ’Ivoire three years ago.
The co-funded $9.52 million project is expected to last for five years and to directly benefit 37,000 children and adults, and a total of 90,000 through mass awareness and outreach activities.
Ferrero is also covering farmer groups with a Child Labor Monitoring and Remediation System or equivalent systems.
The company’s program is also empowering women and reduces gender inequality. It has supported around 14,000 cocoa communities consisting mainly of female members in accessing business loans.
Ferrero is also making progress on mapping the farmers in its supply chain as part of its efforts to combat deforestation.
