Hershey Accused of Skirting Sustainability Program
How do you buy cocoa without buying cocoa? Apparently, through utilizing the cocoa futures market. Hershey seems to step out of some warm milk and into some hot water with its latest approach to procuring cocoa.
Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolate maker of trying to avoid paying a cocoa premium aimed at combating farmer poverty.
Source: Ivory Coast, Ghana cancel cocoa sustainability schemes run by Hershey
