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AGRICULTURE | Agricultural products & related activities
cocoa-corp.com

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Stage

Debt | Alive

Total Raised

$1.13M

Last Raised

$500K | 4 yrs ago

About Cocoa

Cocoa is a sustainable fertilizer that increases crop yields, saves farmers money, and reduces soil disease and pollution. Cocoa gets paid to take organic waste and transform it into Cocoa compost, a safe and practical fertilizer large farms purchase.

Cocoa Headquarter Location

3911 N. Paulina

Chicago, Illinois, 60613,

United States

855-933-2020

Latest Cocoa News

Strengthening sustainability when the stakes are high

Aug 16, 2021

How Hershey's strategy drives change for cocoa-growing environments and cocoa-farming communities. Published Aug. 16, 2021 Sponsored content SPONSORED CONTENT BY Environmental concerns are top of mind for most companies. But in certain industries, the stakes of companies' sustainability efforts are especially high. Cocoa is one of those industries. A troubling amount of deforestation, for example, has long accompanied cocoa farming. Instances of child labor, or inappropriate work for children, occur in some farming communities in cocoa-producing West African countries such as Ghana and Ivory Coast. Child labor and the rare instances of forced labor remain material issues for the industry overall. It takes all stakeholders including origin country governments, NGOs, cocoa farmers, producers, processors, and all confectionery companies big and small, to confront these issues holistically. The Hershey Company — which has achieved a commitment to source 100% certified and sustainable cocoa by 2020 — has been committed since 2018 to no new deforestation in its global cocoa supply chain. It is committed to tackling child labor issues by supporting the implementation of Child Labor Monitoring and Remediation Systems (CLMRS) * coverage to 100% of its sourcing in Ivory Coast and Ghana, a high-risk area, by 2025. But those sustainability commitments are just the start; Hershey's holistic sustainable cocoa strategy, Cocoa For Good focuses on preserving ecosystems, helping communities prosper, empowering youth and nourishing children. Tackling environmental issues In cocoa-growing regions in West Africa, deforestation and biodiversity loss due to encroachment into protected areas are manifestations of a complex set of root causes. These include poverty, the absence of land titles, sustainable-farming practices and a lack of clarity on land-tenure arrangements (as farm boundaries are not typically publicly registered). That's why improving cocoa-growing environments starts with understanding them in the most thorough ways possible. Satellite monitoring and polygon mapping of farms allow organizations such as Hershey to effectively "see" the contours of farms and know their exact sizes. (Hershey has 83% of its current direct-sourced cocoa farms polygon-mapped which is an estimated 50% to Hershey's goal of 100% of them polygon-mapped by 2025 as Hershey expands to 100% direct sourcing.) "It's important to understand the contours of a farm, because the farm could be in an area where it's encroaching a national park," said Beatrice Moulianitaki, Head of Cocoa Sustainability for Hershey. "Seeing the contours also helps us to estimate what the yields are, so those farmers get appropriate support and are remunerated for the extra mile they go to meet sustainability standards." Mapping farms allows for accurate land titles, land-tenure certificates and different forms of assistance to be provided to farmers. Hershey has distributed nearly 8.5 million cocoa trees and 1.3 million shade trees since 2013 to help rejuvenate farms and rebuild forest canopies. (Cocoa grown in the shade is productive for up to 15 years longer than cocoa grown in full sun.)  Hershey also partners with community-based groups, to provide farm-development plans and ongoing education for farmers to improve yields, diversify their crops — by growing things such as cassava, yams or hot peppers — and engage in climate-smart growing techniques. All of these efforts improve the lives of the farmers by increasing their incomes. "We don't want farmers to encroach in protected areas [to grow their incomes]. We want them to intensify what they have," Moulianitaki said. "That could be through growing more cocoa by increasing the yields or by diversifying income by having other crops." Caring for child and community well-being Child labor is a symptom of poverty, so helping to improve livelihoods in West Africa also helps reduce instances of forced labor and inappropriate child labor. To this end, Hershey supports the Living Income Differential in West African markets, in addition to the premium it pays for certified cocoa to certified farmer groups. Hershey also supports women in achieving economic independence through Village Savings and Loan Associations (VSLAs): VSLAs are informal banking groups in which 15 to 25 people, mostly women, pool small amounts of money to fund loans for group members or to dispense for collective problems (such as repairing a village water pump) or individual emergencies. "With VSLAs, people in remote areas, especially women, have access to money," Tawiah Agyarko-Kwarteng, a sustainable sourcing representative with Hershey said. "Many of them reinvest it in small businesses to create extra income or they will invest in their farmland, or in ad hoc needs like school fees or medical fees so that they don't get into debt with local moneylenders. " (Hershey now directly supports 184 VSLAs with 5,946 members, 82% of whom are women.) Supporting women helps support children, but it's also important for children in cocoa-producing West African countries to participate in school — which requires them to have birth certificates. Hershey obtained 3,367 birth certificates in 2020, helping ensure those children "can continue their schooling because they're visible to the system," Moulianitaki said. Taking a holistic approach With its 2020 certified and sustainable cocoa commitments met, Hershey is now expanding the CLMRS program to 100% coverage of its sourcing across Ivory Coast and Ghana by 2025. But when it comes to the complexities of a high-stakes industry such as cocoa, sustainability commitments are just the start. It takes a holistic strategy, like Cocoa For Good, with all the players from industry, NGOs and government to tackle issues at their root causes. "We want to give people the right skills, but we also want to give them the right assets," Moulianitaki said. "Whether it's these life-changing pieces of paper, in birth certificates and land-tenure certificates, or access to money, to farmer groups, to VSLAs or to ongoing skills development training, we're doing all of these things, and they holistically interact with each other." For more in-depth information, access Hershey's 2020 Sustainability Report here . *CLMRS is the leading platform for identifying, tracking and remediating potential cases of child labor. Remediation may involve educating the farmer on what work is acceptable for children, providing safe tools and equipment to farmers to make a positive impact, or helping the family get birth certificates for children so they can attend school. CLMRS is executed by the supply chain structures and community-based groups that identify child labor and monitor and remediate when cases are found Courtesy of Dollar General newsroom Popshelf

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Research containing Cocoa

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CB Insights Intelligence Analysts have mentioned Cocoa in 3 CB Insights research briefs, most recently on Aug 3, 2021.

Cocoa Patents

Cocoa has filed 1 patent.

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Application Date

Grant Date

Title

Related Topics

Status

11/30/2015

Personal transporters, Mobility devices, Automotive suspension technologies, Automotive steering technologies, Tires

Application

Application Date

11/30/2015

Grant Date

Title

Related Topics

Personal transporters, Mobility devices, Automotive suspension technologies, Automotive steering technologies, Tires

Status

Application

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