Ferrero achieves 2020 target of 100% sustainable cocoa By Anthony Myers Company also announces strategic partnership with Save the Children through a €8m project to further scale and strengthen activities to protect children.
The Ferrero Group has announced it has achieved its 2020 goal of sourcing 100% sustainable cocoa via independently managed standards and that it will work to ensure full visibility and traceability of its cocoa across its supply chain with proper due diligence.
It also disclosed, for the first time, its tier-1 suppliers and all cocoa farmer groups from which the company sourced cocoa and chocolate during the 2019/2020 season. This disclosure is now possible due to Ferrero’s effort to improve transparency across its cocoa supply chain, aiming to source all cocoa from dedicated farmer groups through supply chains which are fully traceable to farm level, it said.
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