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On the occasion of the 9th edition of the National Cocoa and Chocolate Days (JNCC) held from September 28 to 30, 2024 in Abidjan, Hershey, a leading global chocolate and snacking provider, signed a five-year agreement with nine cocoa-producing cooperatives in Côte d’Ivoire. This initiative is part of its “Cocoa For Good” (CFG) strategy and aims to build lasting relationships with farmers in order to accelerate their success while enabling a responsible and resilient supply.
A five-year tripartite commitment to improve farmer livelihoods
Achieved through a memorandum of understanding at the JNCC, the heart of the agreement is a tripartite contract between Hershey, Sucden, and the nine cooperatives. This approach aims to:
Partner with farmers to professionalize cocoa farming and improve their profitability
Improve household wellbeing and work toward the elimination of child labor
Preserve the environment and strengthen farm resilience
Family photo of Hershey-cooperatives and Sucden, with Minister of Commerce Souleymane Diarrasouba in the front row on the right.
“We are establishing long-term relationships to partner with farmers and co-ops to modernize cocoa, improve profitability and community livelihoods, and eliminate child labor,” said Tricia Brannigan, Vice President, Chief Procurement Officer for Hershey.
Long-term collaboration among the three entities provides stability for farmers and an ability to more directly engage in addressing on-the-farm challenges.
Alignment with the Ivorian national strategy
This agreement aligns with Côte d’Ivoire’s National Strategy for Sustainable Cocoa and meets the requirements of the Coffee and Cocoa Council. This harmonization ensures a coherent and coordinated approach to addressing key challenges in the Ivorian cocoa sector.
Distributed by African Media Agency (AMA) on behalf of Hershey.
About The Hershey Company
The Hershey Company (NYSE: HSY) is an industry-leading snacks company known for making more moments of goodness through its iconic brands, remarkable people and enduring commitment to doing the right thing for its people, planet, and communities. Hershey has more than 20,000 employees in the U.S. and worldwide who work daily to deliver delicious, high-quality products. The company has more than 90 brand names in approximately 80 countries, including Hershey’s, REESE’S, Kisses, Kit Kat®, Jolly Rancher, Twizzlers and Ice Breakers, and salty snacks including SkinnyPop, Pirate’s Booty and Dot’s Homestyle Pretzels.
For over 130 years, Hershey has been committed to operating fairly and ethically. The candy and snack maker’s founder, Milton Hershey, created Milton Hershey School in 1909, and since then, the company has focused on helping children succeed through equitable access to education.
To learn more visit: www.thehersheycompany.com
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