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March 15, 2017
Forever Chocolate Making sustainable chocolate the norm
May 31st, 2017
Mission
We will lead a movement to make sustainable chocolate the norm,
So that the chocolate we all love will be around for generations to come. Page 3
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Forever Chocolate
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Forever Chocolate
HOW? Page 5
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HOW
Building on our Strengths
CocoaAction Industry Alignment
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R&D Knowledge & Expertise
Sustainable Sourcing Policies for Agricultural Raw Materials
Biolands Direct Sourcing & Farm Services Model
Energy & Water Management Programs
HOW
Addressing All Our Impacts in One Interconnected Strategy SUSTAINABLE CHOCOLATE
ZERO CHILD LABOR
THRIVING NATURE
PROSPERING FARMERS Page 7
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Zero Child Labor
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Forever Chocolate
How Mapping direct supply chain to highlight at risk children and communities _ ICI pilot to understand the best techniques to prevent, identify and remediate any cases of child labor found _ Additional pilots and partnerships: These include different approaches to engage governments in solutions and develop thriving communities _ Access to education for children _ Women’s empowerment programs _
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Together with the Jacob’s Foundation we are running a program to
Prospering Farmers
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Forever Chocolate How Increase incomes by increasing farm productivity _ Ambitious, sustainable replanting model _ Intercropping to improve soil conditions and create additional source of income
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Provide professional coaching, quality agricultural inputs, and services and finance by establishing Farm Services Businesses _
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Thriving Nature
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Forever Chocolate How Through footprint reductions across sourcing and operations, insetting and tailored offsetting projects, we will create enough of a positive impact on the climate to become carbon positive _ By being 100% deforestation free _ Increase efficiency of factories and optimization of transport
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Preference to ingredients suppliers that reduce the impact on the climate _ On-farm interventions to lock carbon in soil and plants (inset) Page 13
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Sustainable Chocolate
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Forever Chocolate How Develop roadmaps for each raw material and each region _ Work with certifications and develop own programs where necessary _ Expand sustainable sourcing capacity via Biolands _ Grow Cocoa Horizons programs and regions
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HOW
Work With Us
... among others.
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HOW
Our Preferred Vehicle to Deliver Forever Chocolate Commitments Scaling Impact | Driving Change ▶ ▶ ▶
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Targeting funds toward most impactful activities Pooling resources to achieve economies of scale Helping drive demand of sustainable cocoa
Cocoa Horizons Foundation
Our Bold Goal
Helping to eradicate extreme poverty in cocoa communities where the Foundation works Mission To improve the livelihoods of cocoa farmers and their communities through sustainable, entrepreneurial farming, improved productivity and community development. Page 18
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Scaling Impact, Driving Change
Cocoa Horizons Foundation Driving Principles ▶
Traceability ▶ ▶ ▶
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Transparency ▶
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Independent foundation assures full transparency on the use of premiums
Verification ▶
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HORIZONS products are traced from the farmer to the first BC warehouse From there, HORIZONS follows mass balance principles NEW – fully integrated data management system to trace cocoa beans and collect data (such as training attendance, farm and farmer data) to help reporting, verification and planning
Third party verification on the activities and distribution of premiums ▶ PwC performs this verification and a statutory audit of Foundation funds March 15, 2017
HORIZONS
Sustainable HORIZONS Cocoa and Chocolate Products ▶
Products sold by BC with premiums that fund Cocoa Horizons activities
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Cocoa beans, cocoa nibs, cocoa liquor, cocoa butter, cocoa powder, chocolate
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HORIZONS cocoa is produced by registered farmers and farmer groups participating in Cocoa Horizons activities
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Origins: Ivory Coast, Ghana (FY16), Tanzania (FY16) * Subject to annual review/can vary per origin and crop year
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