Monday, December 23, 2024
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   

You can get e-magazine links on WhatsApp. Click here

INTERNATIONAL

Mars aims to achieve a segregated global cocoa supply chain by 2030
Monday, 23 December, 2024, 08 : 00 AM [IST]
Virginia, USA
Mars Incorporated shared an aim to achieve a physically segregated global cocoa supply chain by 2030, building on its existing commitment to its Responsibly Sourced Cocoa Programme. Under a segregated global cocoa supply chain, it will be able to make products only using cocoa which has been produced and sourced from farms participating in the programme or which meet the cocoa certifications standards of Fairtrade, Rainforest Alliance and other certification bodies approved by the company. By achieving a segregated global cocoa supply chain, it will have greater visibility through its suppliers to the farming organisations and farmers who provide cocoa for its products and will be able to better support those suppliers and their farming organisations and farmers in helping advance respect for human rights and preserving the environment.
Over the next five years, the company will be working closely with its cocoa suppliers to invest in new infrastructure, processes and systems which will allow the suppliers to:
  • Purchase cocoa produced by specific farms that participate in the programme or which meet the cocoa certifications standards of Fairtrade, Rainforest Alliance and other certification bodies approved by the company and keep that cocoa physically segregated from cocoa from other sources.
  • Convert the physically segregated cocoa into cocoa ingredients for the company and keep those cocoa ingredients physically segregated from cocoa ingredients converted from other sources of cocoa.
  • Deliver the physically segregated cocoa ingredients to the factories for use in making the chocolate and finished products.
Harper McConnell, global vice president of cocoa sustainability, Mars, said, “The move to a segregated global cocoa supply chain is a significant undertaking that builds on our years of investment in our responsibly sourced cocoa programme. It will enable us to target interventions providing more focused support for cocoa growing communities in our supply chain. This ambition is part of a holistic, long-term approach by Mars to contribute towards the development of a modern, inclusive and sustainable cocoa ecosystem around the globe.”

A critical milestone toward its achievement of ‘Cocoa for Generations’ strategy
Achieving a segregated cocoa supply chain is a key milestone within the ‘Cocoa for Generations’ strategy. Backed by a $1 billion investment over ten years (2018 - 2028), the ‘Cocoa for Generations’ strategy aims to:
  • Support a modern, profitable, and highly productive cocoa farming system driven by scientific innovations.
  • Prioritise inclusivity where everyone – especially women and children – have access and opportunities to achieve prosperity.
  • Support a sustainable cocoa supply chain where the planet’s resources are responsibly managed and more resilient to absorb shocks and stresses.?
Further, this ambition enables it to help tackle environmental issues, such as deforestation, on its journey to achieving its goal of reaching Net Zero greenhouse gas (GHG), emissions across the company’s full value chain by 2050, and halving emissions by 2030 as outlined in its Net Zero Roadmap published last year.
 
Print Article Back
Post Your commentsPost Your Comment
* Name :
* Email :
  Website :
Comments :
   
   
Captcha :
 

 
 
 
 
 
Food and Beverage News ePaper
 
 
Interview
“20 lakh people trained through FoSTaC till now”
Past News...
 
FORTHCOMING EVENTS
 

FNB NEWS SPECIALS
 
Overview
Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon
Past News...
 
 
Subscribe Now
 
 
Recipe for Success
Authenticity & simplicity - Cornerstones of her thinking
Past News...



Home | About Us | Contact Us | Feedback | Disclaimer
Copyright © Food And Beverage News. All rights reserved.
Designed & Maintained by Saffron Media Pvt Ltd