Hershey actively supports an inclusive marketplace through our supplier diversity program that creates business opportunities for qualified and diversely-owned enterprises. Besides enabling us to represent and better understand our consumers, diverse supply chains drive innovation and fresh thinking and reflect our diverse employee base, cementing their pride and sense of engagement in working for our company.
BEATRICE MOULIANITAKI, Head of Cocoa Sustainability
Nearly 70 percent of the world’s cocoa comes from West Africa, and cocoa is a critical and often sole source of cash for millions of smallholder farming families. Unfortunately, these communities face environmental and economic difficulties that present various challenges for West African cocoa farmers. Many typically have low incomes, often at or below the accepted poverty line. Basic infrastructure is minimal or non-existent and land-rights are often poorly defined.
Key highlights include Hershey’s progress toward 100% sustainably sourced cocoa, new human rights policies and more
HERSHEY, Pa., June 2, 2020 /3BL Media/– The Hershey Company (NYSE: HSY) today released its 2019 Sustainability Report, highlighting the company’s commitment to shared goodness as Hershey celebrated a milestone of 125 years. The report reflects increasing transparency on its sustainability work and showcases Hershey’s progress to date in key areas of focus, such as sustainable cocoa, responsible sourcing, climate change and human rights.
BEATRICE MOULIANITAKI, Head of Sustainable Sourcing
The world loves chocolate. But the world needs trees – now more than ever. The challenge is that trees are disappearing at alarming rates and sometimes that is due to the production of cocoa to make chocolate. In the past 60 years, 90% of Côte d’Ivoire’s forests have disappeared according to NGO Mighty Earth.
It’s a situation that strikes home for me having grown up around trees on the island of Crete. I take this issue seriously, and for me, it’s personal.
Five-year campaign concludes with record philanthropic contributions to empower businesses and consumers, identify new opportunities to expand the impact of fair trade, and improve the lives farmers, factory workers, and fishermen around the world.
OAKLAND, Calif., July 29, 2019 /3BL Media/ – Fair Trade USA, the leading third-party certifier of fair trade products in North America, has announced the successful conclusion of its first-ever Capital Campaign, which raised $25 million to launch new fair trade products, reach new producer communities, and channel millions of dollars in cumulative additional income to farmers, workers, and fishermen.
Increases to Fair Trade Minimum Price and Premium aim to address extreme poverty and its consequences in cocoa-producing communities
OAKLAND, Calif., June 11, 2019 /3BL Media/ – Fair Trade USA, the leading third-party certifier of fair trade products in North America, announced today that it will increase its minimum price and premium for cocoa by 20 percent as of October 1, 2019 to move farmers closer to a living income and reduce the extreme poverty and child labor that is prevalent in West Africa’s cocoa fields.
Woman-founded 88 Acres first opened its doors in Boston, where Whole Planet Foundation funds microcredit through microfinance partner Grameen America. Their goal was to open their bakery in an area of need to drive job growth in the community. Through their continued partnership with Whole Planet Foundation, 88 Acres also creates economic prosperity by finding microloans to support women microentrepreneurs domestically and internationally.