Agriculture
Nestle Spends 43m For Cocoa Farming
Recalling its efforts in curbing child labour in West Africa, Nestlé is spending 45 million Swiss francs ($45.13 million) a year in order to source cocoa sustainably.
The company, which has spent about 220 million francs over the past ten years on efforts to tackle child labour and deforestation in cocoa, said it aimed to have 100 per cent sustainable cocoa sourcing in its confectionary products by 2025.
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Nestle’s child labour monitoring and remediation system (CLMRS), a part of its sustainably sourcing scheme, currently covers just 57% of the cocoa it sources in West Africa, where child labour is prevalent.
Coverage under the CLMRS does not mean the elimination of child labour, but means that the issue is being addressed or remedied.
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