Against the tide, cocoa growers plan to suspend ethical programs

Business Oct 20, 2019

Against the tide, cocoa growers plan to suspend ethical programs

In a world that is growing increasingly concerned about corporate commitments to environmental and social responsibility, top cocoa producers Cote d'Ivoire and Ghana are planning to make a move that goes against the tide. The West African nations, which produce more than 60 percent of ...

Cocoa prices soar as Cote d'Ivoire and Ghana threaten supply cut

Business Jun 13, 2019

Cocoa prices soar as Cote d'Ivoire and Ghana threaten supply cut

Cocoa prices rose sharply on Wednesday after key producers Cote d'Ivoire and Ghana threatened to stop selling their production to buyers unwilling to meet a minimum price. The threat pushed the September forward contract for the commodity, listed in New York, to $2,540 a ton, ...

Is your chocolate craving destroying forests in West Africa?

World Sep 15, 2017

Is your chocolate craving destroying forests in West Africa?

Your afternoon chocolate craving may be fueling climate change, destroying protected forests and threatening elephants, chimpanzees and hippos in West Africa, research suggests. Well-known brands, such as Mars and Nestle, are buying through global traders cocoa that is grown illegally in dwindling national parks and ...