Four hundred million USD investment for sustainable cocoa production

By: trademagazin Date: 2012. 11. 28. 11:23

The world's largest chocolate company the Mondelēz that belongs to Kraft Foods launches its “Cocoa Life” sustainability effort. The company plans to invest 400 million USD in the next ten years to improve the living conditions of 200 thousand cocoa producers.

Mondelēz International, Inc. today unveiled “Cocoa Life” – the company’s largest, most comprehensive cocoa sustainability effort to date. As the world’s largest chocolate company, it will invest 400 million USD over the next ten years to improve the livelihoods and living conditions of more 200,000 cocoa farmers and about one million people in cocoa farming communities. Cocoa Life will bring a 100 million USD new investment to Côte d’Ivoire — the world’s largest cocoa producing country, to help 75,000 farmers to double their productivity. (Index)

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