ofi cocoa shares how transparency and traceability are driving sustainability impact for food & beverage sector
London , Embargoed 10am GMT April 30, 2024
ofi (olam food ingredients), a global leader in naturally good food and beverage ingredients, says developments in data and technology – from granular deforestation mapping and child labor monitoring to AI-powered carbon measurement tools – are accelerating progress towards its Cocoa Compass sustainability ambition. It is also providing food and beverage companies with enhanced traceability and transparency ahead of new regulations in Europe and beyond.
The latest Cocoa Compass highlights based on 2022 data include:
• New analysis showing over 30,168 farmers in ofi’s cocoa supply chain are earning a living income , putting the business on track to reach its 2030 target of 150,000 cocoa farmers earning a living income.
• A 395% increase in the number of children receiving education support in 2022, compared to the 2018 baseline.
• A 15% increase in the number of households covered by ofi’s Child Labor Monitoring and Remediation System (CLMRS).
• 6 million trees distributed by ofi, working with its customers and partners, for agroforestry and income diversification, from 2018 to 2022.
• 79% of farms in ofi’s sustainability programs olygon mapped
The analysis covered a broad sample of farmers from ofi’s sustainability programs. ofi adopts the guidance of the Living Income Community of Practice (LICOP): “The net annual income required for a household in a particular place to afford a decent standard of living for all members of that household. Elements of a decent standard of living include food, water, housing, education, healthcare, transport, clothing, and other essential needs including provision for unexpected events.” ofi is working with LICOP and others to develop living income metrics, acknowledging that consensus for a globally accepted methodology requires time and that specific norms and methods may vary from region to region. Polygon mapping not only maps the landscape around a cocoa farm but traces its perimeter using GPS polygons and can ensure that the volume of cocoa purchased respects the farm’s capacity.