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Sustainability has a high priority at Symrise – from resource-conserving and low-emission production methods and preserving biodiversity to supporting social equality. In pursuing these goals, the company has once again set itself lofty climate goals. Symrise was able to achieve these ahead of schedule in 2016. Now Symrise is taking things a step further. The…
In the first 9 months of fiscal year 2016/17 (ended May 31, 2017), the Barry Callebaut Group – manufacturer of chocolate and cocoa products – grew its sales volume by +2.8% to 1,414,654 tonnes. The company achieved this growth in a global chocolate confectionery market that declined by -0.6% over the last 9 months, but…
The Rainforest Alliance and UTZ, two of the world’s leading sustainability certification organizations, have announced on June 7, 2017 their intention to merge later this year. The new organization, to be named the Rainforest Alliance, will tackle environmental and social issues around the world, including climate change, deforestation, poverty and unsustainable farming. It will create a…
Joint sustainability efforts on an unprecedented scale have led to a major expansion and significant advances in community development and child protection in cocoa-growing regions of West Africa. But the International Cocoa Initiative (ICI), launching its 2016 Annual Report on World Day against Child Labour, warns that if the current low world market price for…
Cocoa Life, Mondelēz International’s signature sustainable sourcing program, will collaborate with governments in West Africa to reduce deforestation in the cocoa supply chain. The company announced that it has signed a Memorandum of Understanding with Côte d’Ivoire’s Ministry of Environment as part of the country’s REDD+ program to support its goal to reach zero deforestation…
Italian confectioner Ferrero has won a case against the supermarket chain Delhaize. The case is a couple of years old now. Delhaize started an ad campaign for their own chocolate spread with the slogan that it´s more healthy and better for the environment because it is made without palm oil. Ferrero claimed Delhaize was lying…
Global producer of flavors and fragrances, Symrise AG, on 23 May 2017 unveiled its new Asia- Pacific Flavor Innovation and Technology Centre. It was officially opened by Dr Heinz-Jürgen Bertram, CEO of Symrise AG. The Centre marks the completion of the company’s over 30 € million expansion of its regional headquarters in Singapore, which aims…
Swiss family-run company Ricola recorded net sales of CHF 307.2 million in 2016, which represents a year-on-year increase of 4.2%. Net sales increased by 4.2% to CHF 307.2 million. Adjusted for currency effects and to allow a comparison with the previous year, this represents an increase of 5.3%, which is significantly higher than in 2015 (2.4%).…
The Board of Directors of Mondelēz International, Inc. today declared a regular quarterly dividend of $0.19 per share of Class A common stock. This dividend is payable on July 13, 2017, to shareholders of record as of June 30, 2017.
Olam Cocoa has announced to increase its volume of sustainable sourced cocoa by 20% in 2018 and reach 100% by 2020. Olam runs its own farmer support programme called Olam Livelihood Charter (OLC). The company also cooperates with Rainforest Alliance, Fair Trade International and UTZ.