Tony's Open Chain Impact Report 2024/25

The 5 Sourcing Principles: A farmer-first approach prioritising human rights and environmental protection in cocoa sourcing

Implemented through our procurement practices and programmes, the 5 Sourcing Principles aim to address and reverse decades of institutionalised inequalities in cocoa, establishing more equal business relationships with partner cooperatives in Côte d’Ivoire and Ghana.

Traceability

Establishing long-term commitments to work together with cocoa farmers and partner cooperatives to address challenges and plan for the future. The long term

Knowing who the farmers we source cocoa from are and engaging in direct relationships with partner cooperatives means understanding bean origins, producers and related social and environmental factors, which are all vital to taking responsibility and driving meaningful change.

All of the 5 Sourcing Principles need to be applied to offer a concrete solution to end structural poverty at the beginning of the supply chain.

A higher price

Supporting cocoa farmers in achieving a living income and sustainable farming requires paying higher prices to farmers. This price is anchored in a Living Income Reference Price and can go beyond it, such as via an additional productivity premium paid in 2024/25.

Collaborating with partner cooperatives to improve professionalised farming practices and implement strong farming businesses. Collective action among cocoa farmers helps address and transform inequalities in the cocoa sector. Strong farmers

Investing in agricultural knowledge and skills, as well as organising labour brigades via partner cooperatives enhances cocoa quality and yields, boosting farmer income and preventing deforestation. Quality & productivity

19

Ending exploitation in cocoa together

Living income

Climate, environment & productivity

Human rights

Governance & finances

Interesting appendices

Scaling for change

Introduction

Made with FlippingBook - Online magazine maker