To address persistent sustainability challenges, it is critical to better trace the source of cocoa. This also enables compliance with new regulations such as the European Deforestation Regulation (EUDR). Together with our partners, we are developing a three-phase programme.
The first phase involves working with the European Cocoa Association (ECA) and governments to assist companies in complying with the EUDR by the beginning of 2025. The components, as part of this phase, include developing standardised deforestation-free assessments, an industry-wide risk assessment and mitigation protocol, and a template for due diligence documentation and information that satisfies regulators.
The second phase will support the national traceability systems currently being developed by Côte d’Ivoire and Ghana, to be compliant with EU regulations and that member companies can integrate into them. The third phase will seek to develop a global model for a traceability system that supports compliance with all regulations on a range of cocoa-sector issues, promoting efficiency and cost-effectiveness.