Ferrero’s efforts to end deforestation in Ivory Coast and Ghana cocoa sector pay off

PRETORIA – The Italian manufacturer of branded chocolate and confectionery products Ferrero has reported significant progress in its plan to protect and restore forests in the Ivory Coast and Ghana cocoa sector.

Ferrero said this is part of the Cocoa & Forest Initiative (CFI), a partnership between the two countries’ governments and the cocoa and chocolate industry to contribute towards ending deforestation in the cocoa sector.

“We can say with confidence that we are on track and even ahead of schedule to reach our CFI targets for 2022. For over 30% of our CFI indicators we are already close to reaching or have even exceeded our defined goals for 2022,” the company said in statement.

“This strong progress was possible due to the trusted partnership we have built with our suppliers over many years. We will even increase the targets where needed to continue delivering on ambitious goals.”

According to the company’s published report, in the first year Ferrero has mapped over 140,000 cocoa farms in total in both countries. This has enabled them to progress with their approach of sourcing certified, mapped and traceable cocoa.

Source: iol.co.za