Nestlé together with Lindt & Sprüngli, Mars Incorporated, Mondelēz International and The Hershey Company is incorporating the TogetherCocoa Foundation in Geneva, Switzerland.
The foundation aims to accelerate industrywide collaboration to help strengthen the resilience of the cocoa supply chain. It builds on our longstanding efforts to help close the living income gap for cocoa farming households in Côte d’Ivoire and Ghana through our Nestlé income accelerator program.
As the initiative progresses, the foundation will continue to engage closely with the governments of Côte d’Ivoire and Ghana, our supply chain partners and the broader sector to drive the initiative forward.
TogetherCocoa is in its early stages, with additional details to be communicated as the initiative develops.
We believe that making a large scale long-term positive impact on cocoa farming families in Côte d’Ivoire and Ghana is only possible through close collaboration with other industry players and the local governments.
We remain fully committed to investing in our existing Nestlé Cocoa Plan and Nestlé income accelerator program in Côte d’Ivoire and Ghana, and we look forward to seeing joint and scalable solutions implemented under this new independent foundation.
