European platforms for sustainable cocoa sign Memorandum of Understanding

The German Initiative on Sustainable Cocoa (GISCO), the Swiss Platform for Sustainable Cocoa (SWISSCO) and the Belgian platform Beyond Chocolate have committed to joining forces for a more sustainable cocoa value chain. They did this by signing a Memorandum of Understanding.

The three initiatives bring together a large part of the national cocoa and chocolate industry, retailers, civil society organizations, research institutions and representatives of the respective national government. By cooperating, the platforms want to accelerate efforts to combat the key issues in the cocoa industry. These include the eradication of the worst forms of child labor, achieving a living income for the cocoa farmers and their families, improving the transparency and traceability in the cocoa supply chain and stopping the deforestation linked to cocoa production. The three countries account for about 19 percent of the global cocoa imports, mainly sourced from West Africa, and 11 percent of the global cocoa consumption.

For more information see our common press release here.