Ivory Coast lifts suspension after Hershey’s commits to sustainability scheme
Ivorian regulator accepts US chocolate manufacturer’s ‘definitive’ commitment to pay premium on cocoa aimed at improving farmers’ income
06 December 2020 - 21:56
Ivory Coast and Hershey’s, a US multinational chocolate manufacturer, have resolved their differences over cocoa prices.
The West African country lifted an order to suspend Hershey’s sustainability programmes following the Pennsylvania-based company’s “definitive” commitment to paying a premium on cocoa to improve farmers’ income, according to a letter from the Ivorian regulator seen by Bloomberg...
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