Tony's Open Chain Impact Report 2024/25

AT A GLANCE: How we implemented the 5 Sourcing Principles together with partner cooperatives in 2024/25

Traceability

A higher price

The long term

Strong farmers

Quality & productivity

Implemented strong operational and social traceability across our supply chain with 100% GPS polygon-mapped farms at all partner cooperatives, 100% of beans tracked as they move through our supply chain and 33,426 (93.7%) of cocoa farmer households covered with a Child Labour Monitoring & Remediation System (CLMRS)

Developed an updated living income vision to enable more farmers to earn a living income. At our 3 longest-term partner cooperatives, 40.6% of farmers earned at or above the living income benchmark, a significant increase since last year.

Maintained 5-year Memorandums of Understanding (MoUs) with 11 partner cooperatives, with 5 of these in their second MoU or beyond.

Supported the strengthening of 19 partner cooperatives (15 in Côte d’Ivoire and 4 in Ghana) through targeted technical support and a cooperative management fee, enabling investments in infrastructure and innovations that drive business growth. Onboarded 3 new cooperatives in Côte d’Ivoire who will begin delivering cocoa in the 2025/26 season, further strengthening our network.

Designed and implemented the Emergency Productivity Boost in Côte d’Ivoire, together with farmers, to establish and train 76 labour brigades and subsidise services for 1,664 farmers, thereby enabling farmer access to skilled labour that will enhance quality and productivity. Supported the strengthening of Rural Service Centres in Ghana, leading to the establishment, equipping and training of 60 community service groups, providing improved labour services to farmers.

Foundational investments - needed to achieve these results

Supported partner cooperatives to employ 221 community facilitators to implement CLMRS (up from 131 the previous year).

Paid a price that was between 7-10% higher than the farmgate price set by the governments in Côte d’Ivoire and Ghana. 4

Funded €350,722 in CLMRS start-up costs for the 8 new partner cooperatives that joined in the 2024/25 season, supporting them to set

Invested €1,234,755 in partner cooperatives via the cooperative management fee.

Paid €1,123,273 as an EPB to our 15 partner cooperatives in Côte d’Ivoire.

up the foundations needed to enable structural change.

4. The higher price was made up of the Fairtrade Premium (for both Côte d’Ivoire and Ghana) and Emergency Productivity Boost (for Côte d’Ivoire only).

7

Ending exploitation in cocoa together

Living income

Climate, environment & productivity

Human rights

Governance & finances

Interesting appendices

Scaling for change

Introduction

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