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EU boosts sustainable cocoa production in Côte d'Ivoire, Ghana and Cameroon


The European Union will contribute €25 million to enhance the economic, social and environmental sustainability of cocoa production in Côte d'Ivoire, Ghana and Cameroon who are, respectively, the first, second and fifth biggest cocoa producers, generating almost 70% of the world production. Valdis Dombrovskis, executive vice-president for an Economy


that Works for People, said: “The EU trade agenda is underpinned by EU values. By investing in programmes to promote fair trade and sustainability in the cocoa sectors of Côte d'Ivoire, Ghana and Cameroon, we are strengthening our trade and investment relationships for our mutual benefit. Building the social and environmental aspects of the cocoa supply chain will deliver further economic benefits for local farmers and cooperatives.” Jutta Urpilainen, commissioner for International Partnerships,


said: “European consumers are demanding fair and environmentally sustainable products and producing countries committed to address sustainability issues in their cocoa value chains. It is time to make a real change and the EU is committed to play its part as an honest broker between economic operators, development partners, Côte d'Ivoire, Ghana and Cameroon.” Cocoa is a major contributor to export earnings, as well as the


main source of livelihoods for almost seven million farmers in Côte d'Ivoire and Ghana. Indirectly, cocoa contributes to the livelihoods of further 50 million people. At the same time, cocoa production entails particular risks relating to child labour, low revenues for local farmers, deforestation and forest degradation.


The European Union is the world's largest importer of cocoa,


accounting for 60% of world imports. Côte d'Ivoire, Ghana and Cameroon are major suppliers of cocoa into the EU market, to which the first two have duty-free and quota-free access under their respective Economic Partnership Agreements.


Ethisphere names illycaffè among the 2021 world’s most ethical companies


illycaffè S.p.A., a global coffee industry leader in sustainable quality, has been recognised by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2021 World’s Most Ethical Companies. This year marks the company’s ninth consecutive honour. “Maintaining and promoting strong


ethics and values are essential to affecting positive change throughout our global society, as is recognising the private sector’s essential role in creating a world that is more socially,


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economically and environmentally sustainable now and for generations to come,” said Andrea Illy, Chairman of illycaffè S.p.A. “One of our current major focuses is reducing our environmental impact throughout the entire supply chain, one meaningful, measurable step at a time, with the ultimate goal to be carbon neutral by 2033. We are proud to be recognised by the Ethisphere Institute for our stewardship and commitment to ethical business practices and thank them for their continued role in inspiring companies to be and do their best for the world. “While addressing the tough challenges of 2020, we saw companies lead – above all other institutions – on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” said Ethisphere chief executive, Timothy Erblich. “The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impact the


communities they serve. Congratulations to everyone at illycaffè for earning the World’s Most Ethical Companies designation.” The accolade comes a year after illy


launched its ‘One Makes The Difference’ campaign, which highlighted its sustainability mission. Part of this was the announcement of its ambition to be carbon neutral by 2033 and its plans to eliminate approximately 175 tons of plastic per year, which illy achieved in 2020. Additionally, illy launched a range of sustainable takeaway cups with lids, both of which are made from high quality paper so can be easily recycled without compromising the user experience. Illy met the European Union’s 20-20-20 target one year early: 100% of its electricity comes from renewable sources, and it recuperates the heat from its roasting machines to heat its premises in winter and cool them down in summer. So far, illy has already reduced its CO2 emissions by over 3,000 tonnes since 2012.


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