George Sheldon/Shutterstock.com)

Hershey Statement on Cocoa Sustainability and Supporting the Living Income Differential

Originally published on thehersheycompany.com.

Hershey’s commitment to improving cocoa farmer livelihoods and ensuring a long-term sustainable cocoa supply is unwavering. Solving the many challenges within cocoa production, such as low incomes, poverty, child labor and environmental protection will be possible only through collaboration and cooperation across industry, governments, and civil society. We look forward to continuing to engage with the governments of Cote d’Ivoire and Ghana to advance our shared goals.

We are fully participating in the LID for cocoa purchases already made from the 2020/2021 crop as we buy a substantial supply sourced from West Africa. And we will continue to participate in the LID to support cocoa farmer livelihoods going forward.

Industry sustainability programs, such as ours, are needed to positively impact cocoa-growing communities and we remain ready, willing and able to continue these important program such as child labor monitoring and remediation, farmer training, environmental protection, and childhood nutritional supplements. Our concern is that by cutting off industry sustainability programs cocoa farmers will be negatively impacted as they will no longer receive the benefits provided by our on-the-ground programs as well as the price premium for certified cocoa.

Latest News

Creating Pay Equity and Equal Treatment for Employees

Even though the disparity in pay has been a high-profile issue for decades, it remains a concern for businesses across every industry. HR professionals and business leaders continue to search for ways to create pay equity between genders and those of different ethnic and racial backgrounds. Some may face mandates…

5 Biggest News Stories of the Week: August 11

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Eli Lilly Plans…

The Importance of Business-Community Partnerships

Businesses increasingly play a key role in building stronger communities. It’s something that people in the past few years have come to expect. It’s created not only a way to improve local communities, but also boost an organization’s employee morale, loyalty and brand reputation. One of the main ways businesses…

CDO Series: Humana’s Carolyn Tandy

Following the murder of George Floyd, the role of Chief Diversity Officers has become more important as companies started to be more intentional with their diversity, equity and inclusion efforts, which has made the last few years tumultuous for many CDOs. In the first interview of a series of articles…