Olam Cocoa has achieved 100% traceability across its direct global cocoa supply chain.
The milestone is the first of many intended to achieve a sustainable ambition for the future of cocoa outlined in the company’s ‘Cocoa Compass’ launched last year.
Within this sustainability roadmap, the company set out several challenging goals that address the issues facing the sector – from supporting farmers to earn a living income, to putting children first by eliminating child labour and increasing access to education, to protecting forests and mitigating our environmental impact.
The company has now achieved its goal to have 100% traceability of the cocoa we purchase directly in our global supply chain.
Through a centralised system, Olam can now trace cocoa on its journey from the cocoa farm or community to one of its ingredient processing facilities across the world. That’s the equivalent of tracking approximately 12% of the world’s cocoa beans.
This means that the company’s customers, and their consumers, can be sure that their cocoa or chocolate product has been produced in a way that supports the most vulnerable people and environments in the supply chain.
Moreover, Olam says it allows us to tailor sustainability programmes to the specific needs of farmers and cocoa growing communities for maximum impact.
In a blog post, Gerard Manley, Managing Director and CEO of Cocoa at Olam, said: “Achieving 100% traceability is just the start. We continue to push towards our longer-term ambition of a cocoa supply chain where farmers are earning a living income, communities can thrive, and the natural world is protected.
“There will be challenges ahead, and times when we don’t have all the answers, but I have every confidence that we will see our vision through.”