After indulging in Easter eggs and an abundance of chocolate treats, our craving for chocolate news remains unsatisfied. Today, we delve into the realm of Hershey, exploring its ESG profile derived from the company's ESG Report. Given the unique nature of Hershey's operations, our focus naturally shifts to cocoa, a topic of recent prominence.
Hershey has outlined clear sustainability objectives within the cocoa sector, including:
Achieving 100% independently verified cocoa by 2020.
Ensuring 100% sourcing visibility of Hershey's cocoa volume in Côte d’Ivoire and Ghana by 2025.
This entails mapping all farmers producing Hershey's cocoa volume in these regions to enhance traceability and monitor deforestation.
Additionally, all such farmers are covered by Child Labor Monitoring and Remediation Systems (CLMRS) to prevent, monitor, and address child labor issues.
These goals are integral to Hershey's "Cocoa for Good" approach, which focuses on:
Enhancing Income Resiliency and Livelihoods.
Combating Child Labor and Enhancing Children’s Well-being.
Safeguarding the Environment.
Implemented across various countries including Mexico, Ecuador, Brazil, Côte d'Ivoire, Ghana, Nigeria, Cameroon, and Indonesia, this program underscores Hershey's commitment to responsible cocoa sourcing.
Such initiatives compel us to rethink our chocolate purchases. Beyond mere indulgence, every bar of chocolate represents a complex web of social and environmental impact. As consumers, our choices can significantly impact thousands of lives.
We urge you to explore the full report for deeper insights.
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