Nestle Invests $45 Million a Year in Cocoa Sustainability - News Summed Up

Nestle Invests $45 Million a Year in Cocoa Sustainability


LONDON — Nestlé is spending 45 million Swiss francs (£35.17 million) a year on efforts to source cocoa sustainably, the food company said, also citing progress in reducing child labour in its West African supply chain. The company, which has spent about 220 million francs over the past ten years on efforts to tackle child labour and deforestation in cocoa, said it aimed to have 100% sustainable cocoa sourcing in its confectionary products by 2025. Nestle's child labour monitoring and remediation system (CLMRS), a part of its sustainably sourcing scheme, currently covers just 15% of the cocoa it sources in West Africa, where child labour is prevalent. Coverage under the CLMRS does not mean the elimination of child labour, but means that the issue is being addressed or remedied.


Source: International New York Times December 10, 2019 15:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */