Hershey has launched a new partnership as part of its “Cocoa For Good” initiative, aimed at improving the welfare of cocoa farmers, children, and ecosystems in West Africa, particularly the Ivory Coast. The program focuses on poverty alleviation, nutrition, child labor elimination, and sustainable practices. Hershey has invested over half of its $500 million commitment to this initiative, which seeks to stabilize cocoa supply and enhance farmer training. With cocoa prices rising significantly, this collaboration aims to improve farmers’ livelihoods through a comprehensive approach involving both public and private sectors.

Source: https://www.supplychaindive.com/news/hershey-invests-500m-aimed-improving-cocoa-farming-struggles/730707/