Tony's Open Chain Impact Report 2024/25

Cooperative management fees paid by Mission Allies to partner cooperatives via Tony's Open Chain Cooperative management fee We further support our approach with additional pricing mechanisms, such as the cooperative management fee, to facilitate the implementation of the 5 Sourcing Principles and to promote the professionalisation and growth of partner cooperatives. In 2024/25, this fee amounted to €46 per metric ton in both Côte d’Ivoire and Ghana, totalling €1,234,755. While this does not directly contribute to farmer income, it does support a farmer’s ability to earn a living income indirectly. This is because the cooperative management fee is used in various ways that benefit farmers financially, including via subsidies for hired labour, discounted procurement for farming inputs and materials such as seedlings.

Paying higher prices for the long term We believe that it is impossible to achieve significant change in the cocoa sector without all companies committing to paying farmers a price for their cocoa that allows them to earn a living income in the long term. We have the opportunity to break the vicious cycles of poverty and vulnerability to economic and climate shocks. A multi-year commitment to paying a higher cocoa price that enables living incomes must, therefore, be the first and immediate next step for cocoa actors who are serious about achieving lasting impact with cocoa farmers and making cocoa farming a lucrative business. Additionally, to enable cocoa farmers to pay a living wage to their workers, the price paid to farmers per kilogram of cocoa must incorporate a transparent cost-of-production model that embeds human rights, with required labour priced at the living wage rate. To this end, it is essential that the LIRP remains transparent, realistic and is predictably but periodically updated to ensure ongoing accuracy and credibility. Living wage Our ultimate ambition is to enable all workers in our cocoa value chain to earn a living wage. As a first step towards that goal, we are focusing on workers hired on farms. Unlike a living income – which refers to the earnings of self-employed income earners, like cocoa farmers – a living wage applies specifically to hired workers. It reflects the remuneration received for a standard work week by a worker in a particular place sufficient to afford a decent standard of living for the worker and her or his family. 49 Our work begins with enhancing awareness and understanding of labour rights and conditions among both the workers and the cooperative members who employ them. Increased awareness will facilitate the adoption and normalisation of documented working agreements (which are currently often lacking), including contracts that guarantee a living wage.

€46

€46

€46

Tony’s Open Chain has paid the cooperative management fee for the 5 th year in a row

Cooperative management fee

€3,574.88

Total amount paid per metric ton of cocoa*

€3,015.08

€2,939.32

* This includes the farmgate price, Fairtrade premium and (for Côte d’Ivoire only) the Emergency Productivity Boost (see KPI 3.3)

Ghana Main-crop 2024/25

Côte d’Ivoire Main-crop 2024/25

Côte d’Ivoire Mid-crop 2024/25

49. Elements of a decent standard of living include food, water, housing, education, health care, transport, clothing, and other essential needs, including provision for unexpected events. See: Global Living Wage Coalition. What Is a Living Wage? Global Living Wage Coalition.

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Ending exploitation in cocoa together

Living income

Climate, environment & productivity

Human rights

Governance & finances

Interesting appendices

Scaling for change

Introduction

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