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Ferrero’s Cocoa Charter Progress Report: Paving the way for positive industry transformation

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Ferrero’s latest Cocoa Charter Progress Report underscores the company’s commitment to positive change within the cocoa industry. The report highlights Ferrero’s efforts to ensure a sustainable cocoa supply chain, focusing on key areas such as responsible sourcing, environmental protection, and community development. The company emphasises its dedication to eradicating child labour and deforestation from its supply chain, detailing various initiatives and partnerships aimed at achieving these goals. The report also showcases advancements in traceability and transparency, enabling consumers to make more informed choices. By striving to be a force for good, Ferrero aims to drive meaningful improvements across the cocoa sector while promoting ethical practises and sustainable growth.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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