Hershey to invest USD 500 m to fund sustainable cocoa programme

 

According tho the company, “Cocoa for Good” will help to address issues such as poverty, vulnerable ecosystems and poor nutrition among its cocoa farming communities through investments and collaborative programmes. One of the core aims of the programme is to protect forests and ecosystems through innovative agroforestry methods, in order to preserve the cocoa-growing ecosystem in its supply chain.

The eradication of child labour and further investment in education opportunities for young people in cocoa growing regions are other core goals of the scheme, as the company aims to provide these young people with essential skills. Hershey says another aim of the scheme is to increase the household income of men and women in these communities through investment schemes, while the company will also attempt to improve access to healthy foods to improve nutrition in these communities.