21 22_Tony's Open Chain report

What are the Sustainable Development goals? The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by all United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. These global goals were given 15 years to be addressed and resolved- an ambitious deadline but a necessary one as it shows how pressing these issues are. Which SDGs does Tony’s Open Chain work on? The SDGs are a powerful tool to effectively communicate how Tony’s Open Chain mission allies are contributing to solving the toughest and most pressing global challenges by 2030. Businesses can and must play a role towards fixing the problems of the planet and its people. The 17 SDGs are integrated, this means they recognise that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability. Tony’s Open Chain proactively works on six SDGs: SDG 1: End poverty in all its forms everywhere Poverty is the root cause of child labour and modern slavery in cocoa. Farmers should be able to earn a living income which will help them get and stay out of cyclic poverty. Paying a higher price is one of our 5 Sourcing Principles and together with other principles like improving quality and productivity, we enable farmers to earn a living income. We know poverty

is multi-dimensional, and we address the issue of poverty holistically.

SDG 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture Paying a higher price enables farmers to earn a living income and therefore the ability to afford a decent standard of living. Self- sustenance is a vital factor of a decent livelihood, which is why food security is also an important indicator of the MPI. SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all The market price for cocoa is too low for farmers to get out poverty, let alone earn a living income. A rights-based approach to creating systemic change in the sector is needed to take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking SDG 10: Reduce inequality within and among countries There is an unequal distribution of value and power in the chocolate supply chain. It starts with the millions of farmers that produce cocoa and ends with the billions of consumers that enjoy chocolate. But the industry is dominated by a group of big companies that put profit before people and the planet. As a result, farmers are forced to live in poverty

and secure the prohibition and elimination of child labour.

leading to child labour and modern slavery.

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Tony’s Open Chain impact report 2021/22

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