Cocoa Growing Giants Threaten To Suspend Sustainability Schemes
Ghana’s cocoa regulator has threatened to suspend the sustainability schemes used by major cocoa and chocolate companies to assure consumers that the beans they use are sustainably and ethically sourced.
In comments to the World Cocoa Foundation conference on behalf of Ghana and its west African neighbour Ivory Coast, Joseph Aidoo, chief executive of Ghanaian regulator Cocobod said on Thursday that cocoa and chocolate companies in West Africa were thwarting government attempts to combat farmer poverty.
As a result, their sustainability schemes, which allow companies such as Barry Callebaut and Nestle to charge consumers a premium for chocolate certified as sustainably sourced, could be suspended.
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