European Parliament’s Corporate due Diligence position recognises the Right to a Living Income, Among Other Improvements

In a historic move on 1 June, the European Parliament voted to adopt its position on the Corporate Sustainability Due Diligence Directive (CSDDD) with 366 for, 225 against and 38 abstentions. The Parliament introduced significant improvements on the proposal from the European Commission, particularly in requiring companies to assess the potential or actual adverse impacts…

Puratos acquires Canadian Chocolate Producer Foley´s Chocolates

Belgium based ingredient manufacturer Puratos announced the acquisition of the Canadian chocolate manufacturer Foley´s chocolate. For Puratos it is the biggest acquisition until now. The company wants to increase their market share and production capabilities in the North American sector. Foley´s is a producer of real chocolate and compound. “We’re all enormously proud and excited…

Constantia Flexibles Completes Acquisition of Drukpol Flexo

Constantia Flexibles,Vienna/Austria has completed their acquisition of Drukpol Flexo, a renowned packaging company based in Poland. Drukpol Flexo, known for its printing and converting capabilities, has built a strong reputation for delivering high-quality packaging solutions in the food and HPC markets for local and international customers. The acquisition of the company by Constantia Flexibles strengthens…

Ferrero Focusses Into Social Responsibility

Italian chocolate manufacturer Ferrero focusses into social responsibility. Under the claim Quality at heart the company wants to transport their believe in the idea that every food can be eaten in small balanced amounts in order of a balanced and varied diet. To underpin this believe Ferrero invests for example in a activity for children…

Fairtrade Membership and Sales Grew in 2021, as Price, Access to Markets and Climate Change are Top of Mind for Producers

Financial benefits from Fairtrade sales and numbers of producers in the Fairtrade system reached record levels in 2021, topping €200 million in Fairtrade Premium and two million farmers and workers, respectively, according to a set of monitoring reports released today by Fairtrade International. The fourteenth edition of the reports highlight a full set of data…

Lindt & Sprüngli Publishes Sustainability Report 2022

The chocolate manufacturer Lindt & Sprüngli, Kilchberg/Switzerland has published their 13th annual sustainability report. Main facts are: Share of cocoa sourced through sustainable programs increased to 67% Companies expansion of responsible sourcing standards to additional raw materials Climate targets submitted to the Science Based Targets initiative Lindt & Sprüngli concludes that 112,000 farmers in seven…

Mondelēz International announced to acquire Chipita S.A

– Strong platform with proven track record of high growth enhances offering in attractive $65B global packaged cakes and pastry category – Addition of differentiated brands, including 7Days, adds $580 million of revenue in priority adjacent snacking categories such as croissant and bake rolls – Opportunity for shared benefits between Chipita S.A. and Mondelēz International…