While the EUDR aims to influence global action on climate change, a new study has explored the cost implications that could be passed on to the consumer.
With cocoa butter and palm oil production dogged by rising costs and environmental concerns, alternative fats and oils are filling the void. Here’s what manufacturers need to know
Nestlé is striving to make its cocoa traceable right back to the farm. Can the multinational give consumers confidence they’re eating sustainable cocoa?
Commodity exchanges influence prices of key foods and ingredients on all levels of the supply chain. But how close is the link between the commodity exchange, and the commodity itself?
Despite a deadline that is still seven months away, the incoming EU Deforestation Regulation (EUDR) is already driving efforts on the traceability of cocoa supplies. Conversely, the same study found a distinct lack of progress on other critical issues...
Chocolate is a favored ingredient in everything from cakes to donuts – and even in sweets snacks like energy bars and popcorn – so bakers are undoubtedly feeling the impact of rising cocoa prices.
An investor letter issued earlier this month by non-profit Investor Advocates for Social Justice (IASJ) has called out international chocolate companies to end what it described as “exploitative purchasing practices,” mainly in Ghana and Côte d’Ivoire.
By developing a chocolate bar using not only the cocoa bean but the pulp and endocarp as well, a new study aims to create a more sustainable form of chocolate.
An investigation by Initiatives for Community Development and Forest Conservation (IDEF) has revealed that some cocoa beans exported from Cote d'Ivoire to the EU originate from deforested land in neighboring Liberia.
Against a backdrop of cocoa topping $11,000 per metric ton on the futures market for the first time last week, Oxfam says its experts will be highlighting the discrepancies in farmgate price at this week’s World Cocoa Conference (WCC) in Brussels (21-24...
Climate change will affect many industries, but few more than cocoa. While farmers on the ground struggle with fluctuating climatic conditions changing working practices, large companies grapple with environmental regulation.
Market update: Analysts have described the upward trajectory of cocoa prices as ‘parabolic’ as cocoa futures rose another 2.7% to a new record of $10,760 a ton in New York on Monday (15 April) before falling back to £10,000 a ton after the dollar index...
Global cocoa and ingredients company Cargill has announced a new commercial partnership with Voyage Foods to produce alternatives to cocoa-based products and nut spreads without using cocoa, peanuts, and hazelnuts.
While there is no indication the world is not about to run out of chocolate any day soon, there are concerns from manufacturers and suppliers that the current high prices and shortage of cocoa beans will push up costs further and, in some cases, restrict...
Barry Callebaut, the world’s largest cocoa and chocolate supplier, reported a sales rise of 11% to 4.6 billion CHF ($5.09bn) compared to last year, but one-off expenses caused by its transformation plan amounted to a lower-than-expected half-year profit.
The World Cocoa Foundation (WCF), along with other industry stakeholders, has launched groundbreaking methodology for accurately measuring cocoa household and living incomes.
Nestlé has announced it is launching two new projects to help address the impact of climate change on cocoa and reduce and remove carbon emissions from its supply chains—as part of its commitment to reach net zero emissions by 2050.
UPDATE: TUESDAY 26 MARCH 2024: Cocoa prices continued to rise this week. Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures market after posting gains all week - with chocolate makers passing on...
The El Niño weather phenomenon, which hit the west coast of Africa last year, carrying unseasonal heavy rains followed by dry heat, is the main factor in an 11% drop in the season’s main cocoa harvest, according to the latest figures from the International...
Arch disruptor brand Tony’s Chocolonely is appealing an injunction against Mondelēz International after the Dutch brand launched four temporary wrappers in Germany, mimicking the design of well-known chocolate bars from Ferrero, Mars, Milka, and Nestlé.
It was billed in the World Cocoa Foundation agenda as a ‘Fireside Chat.’ Still, the conversation was anything but cozy as the 2024 Partnership Meeting welcomed back Yves Brahima Koné, Cote d’Ivoire’s Coffee & Cocoa Council director general, and Joseph...
Love may be in the air this Valentine's Day – but so is the eye-watering price of cocoa on the market, making the cost of the key ingredient in chocolate more expensive than ever, according to analysts.
Picking up the baton from the World Cocoa Foundation Meeting, the Amsterdam Sustainable Cocoa Conference, organised by Chocoa, moved into the Beurs van Berlage for a further two days of discussion and debate on key policy issues affecting the global chocolate...
Apart from farmer income/poverty, the most discussed topic on day one of the World Cocoa Foundation Partnership Meeting in Amsterdam was the European Union Deforestation Regulation (EUDR) that will be implemented at the end of this year.
KitKat, one of Nestlé’s most popular and innovative confectionery brands, will now become its most sustainable after the company announced the snack bar will be made with 100% chocolate sourced from the Income Accelerator Programme (IAP)
Spurred on by a drive to pursue positive impact and leave the corporate world, four founders came together to launch their Mediterranean cacao-free chocolate brand.
ConfectioneryNews will be presenting a special live webinar on Tuesday 23 January 24 at 17:00Paris / 10:00AM Chicago to discuss the new requirements for market access for cocoa and chocolate suppliers into the European Union.
As many know, the cocoa industry is sometimes opaque and complex. Still, confessed chocolate-lover Jon Trask, who is also CEO of Dimitra, says his company's recently developed Blockchain Deforestation Platform could provide a solution to help farmers...
The World Cocoa Foundation (WCF), in collaboration with IDH and key government officials, highlighted significant strides in sustainable forest conservation efforts from the chocolate industry and the success of the Cocoa & Forests Initiative (CFI),...
As part of Mars Inc.’s strategy to reduce greenhouse gas emissions, the confectionery major is optimising product recipes to include more environmentally friendly ingredients.
The cocoa and chocolate making industry has been warned that cocoa stocks languishing in EU warehouses during the 18-month transition period leading up to the European Union’s Deforestation law that kicks in at the end of December 2024 may have to be...
Global organisation Fairtrade is working to ensure farmers receive just and equitable working conditions. A new campaign, led by two jurisdictions, is reasserting these efforts.
Fairtrade International has announced a new partnership with Satelligence to scale up satellite monitoring of forested areas and farms to its globally certified cocoa and coffee producer organisations to meet new EU regulations.
The African Platform for Sustainable Cocoa, which brings together civil society cocoa platforms from Côte d'Ivoire and Ghana, has issued a statement alleging the cocoa industry is refusing to pay at the current market price plus the Living Income...
Consumer Reports (CR), a US independent, non-profit member organisation, has doubled down on its campaign against lead and cadmium in chocolate and urges changes after a new survey finds a third of products contain ‘concerning’ levels of heavy metals.
One of the major challenges facing the premium chocolate industry is the practice of ‘greenwashing’ where consumers are deceived by meaningless icons and false claims on labels purporting that the brand is committed to a responsible and transparent supply...
IFIS Sustainability a cutting-edge, free Abstracting and Indexing (A&I) database that curates the latest scientific research at the intersection of food and sustainability, has launched a new digital tool providing food innovators access to the latest...
olam food ingredients’ (ofi’s) flavour experts share their predictions on how families will tap into this season’s flavour trends to create a ‘Spooktacular’ 31 October.
Off the back of Tony's Chocolonely’s warning that the new cocoa farmgate price is still too low, other chocolate brands and global organisations call for an end to corporate greed and push for equity.
Amid rising farmgate prices yet insufficient Living Income Reference Prices (LIRP), cocoa companies turn to communication, connection and collaboration throughout the sector to advocate better wages for farmers.
Law provides a framework to investigate the use of forced labour in companies’ supply chains. All goods made using forced labour to be halted at EU borders and withdrawn from the market.
Five million, mainly small-scale farmers produce 75% of the world’s cocoa, and earning a living income has become the key objective for the cocoa sector. Still, despite various initiatives, it hasn’t changed core business practices so far. According to...
