The Ferrero Group has announced that it has achieved its 2020 goal of sourcing 100% sustainable cocoa through independently managed standards and will strive to ensure full visibility and traceability of its cocoa throughout of its supply chain with appropriate due diligence.
It also disclosed, for the first time, its Tier 1 suppliers and all cocoa producer groups from which the company sourced cocoa and chocolate during the 2019/2020 season. This disclosure is now possible thanks to Ferrero’s efforts to improve the transparency of its cocoa supply chain, aiming to source cocoa from dedicated farmer groups through fully traceable supply chains down to the level of exploitation, he said.
Ten years ago, Ferrero pledged to source 100% sustainable cocoa beans through independently managed standards by 2020 to help improve the lives of cocoa farmers and foster sustainable practices. durable. In 2019, the company expanded the scope of this objective to include chocolate sourced from third parties. Ferrero said he was proud to confirm that he has achieved this goal.
Main Certification Bodies
In practice, this means that Ferrero sources sustainable cocoa from leading certification bodies and other independently managed standards such as Rainforest Alliance (UTZ), Fairtrade and Cocoa Horizons. This ensures that the company can make the most of their various strengths, thus enriching its overall cocoa sustainability strategy, which continues to develop.
Ferrero said it seeks to go further with its Ferrero Farming Values Cocoa program, particularly in protecting children’s rights.
save the children
In a new announcement, it announced that it was renewing and expanding its strategic partnership with Save the Children, building on the three-year program launched in 2017 in 20 communities across Côte d’Ivoire.
The co-funded €8 million ($9.42 million) project is expected to last five years. It is expected to directly benefit 37,000 children and adults, and a total of 90,000 through outreach and mass awareness activities. This is an important pledge for action in the framework of the United Nations International Year for the Elimination of Child Labour.
Marco Gonçalves, Chief Procurement & Hazelnut Company Officer: “We continue to address critical human rights issues around our supply chains and strengthen our due diligence. However, child labor in cocoa growing communities remains a significant issue, and we are determined to go further to address the challenge. This is why I am so pleased that we are expanding our partnership with Save the Children with a particular focus on prevention to increase our impact on this issue. In this way, we can help bring about meaningful long-term change, not only in our direct supply chain, but also beyond..”
Cocoa Sourcing Strategy
Ferrero explained that its cocoa sourcing strategy is based on a distinct set of principles that enable the company to implement due diligence throughout its supply chain and apply targeted solutions. It mainly sources raw cocoa beans which are processed in Ferrero’s own factories.
The beans come from dedicated, physically traceable groups of farmers – also called “segregated”. This means that the company knows which farms the cocoa comes from, which helps identify problems and drive positive change on the ground with cooperatives and farmers.
During the 19-20 harvest season, Ferrero claimed to have successfully traced over 95% of its total cocoa beans back to farms and is making strong progress on traceability of chocolate from third parties. In addition, the company is making significant progress in mapping farmers in its supply chain as part of its commitment to prevent deforestation, and in covering farmer groups with a monitoring and remediation system. Child Labor (CLMRS) or equivalent systems.
Another major goal of Ferrero’s program is to empower women and reduce gender inequalities. For example, Ferrero said it has so far helped about 14,000 members of the cocoa community, mostly women, to access small loans for entrepreneurial activities.
These initiatives are part of Ferrero’s broader commitment to implementing its sustainability strategy – to improve farmers’ livelihoods, protect children’s rights and safeguard the environment.