Supply Chain

Ethical Cocoa Schemes ‘No Panacea For Struggling Farmers’, Study Finds

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Global chocolate makers are buying more cocoa sourced through schemes aimed at stamping out poverty as they rush to make their supply chains more ethical ahead of self-imposed 2020 deadlines.

The trouble for cocoa farmers is the premiums they receive for beans sold under the biggest and most popular of these ethical sustainability schemes are falling.

Under fire for not doing enough to stop deforestation, child labour and low wages in the industry, big chocolate makers from Mars to Hershey to Ferrero have promised to only buy cocoa certified as ethical and sustainable by 2020.

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