Tony's Open Chain Impact Report 2024/25

Table of contents

Tony’s Open Chain governance & finances 103  Governance 105  Financial statement

Introduction 3

 Word of welcome from the team

Living income 48  At a glance 49  The living income challenge 52  Our progress 54  Our roadmap towards a living income for cocoa farmers

5

 Executive summary – our year at a glance

12  A day in the life of a cocoa farmer

Interesting appendices 110  Publications library 111  Revised KPIs for Tony’s Open Chain 119  Overview of performance against KPIs 123  Definitions

How we aim to end exploitation in cocoa, together 18  How can we shift the industry…faster? 20  The (business) case for Tony’s Open Chain 23  Double Materiality Assessment: results

Climate, environment and productivity 65  At a glance 66  Climate change and productivity in cocoa 70  Tony’s Open Chain’s new productivity programme 75  Deforestation 76  Pesticides

Scaling for change 26  At a glance 28  Partner cooperatives 33  A day in the life of a cooperative manager 40  Farmers 42  Mission Allies & other supply chain partners

Human rights 80  At a glance 81  Child labour 84  A day in the life of a community facilitator 101  Forced labour 101  Grievance mechanisms 102  Women’s rights 102  Due diligence across the value chain

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