Mondelez International has announced the next phase of its Cocoa Life program, backed by an additional USD 600 m through 2030, for a total USD 1 bn investment since the start of the program, with the goal to increase cocoa volume at scale and work with about 300,000 farmers in the program by 2030.  

With this investment, Mondelez International aims to catalyze ground-breaking sector collaboration to help address systemic environmental and human rights challenges and improve cocoa farmer livelihoods.

“As one of the world’s leading snacking companies, it is a priority to continue making our most important ingredients, such as cocoa, right, and Cocoa Life sits at the heart of this strategy,” said Dirk Van de Put, Chairman & CEO, Mondelez International. “While we are excited about the promise of our investments, we are calling for more sector-wide effort and actions to drive greater impact, including new private-public partnerships, as we aim to catalyze ground-breaking collaboration to help move cocoa forward together.”

Mondelez International introduced Cocoa Life in 2012 to secure supply of more sustainable cocoa and establish an integrated approach striving to tackle the root causes of systemic issues in cocoa including farm productivity, farmer livelihoods, community development, and helping combat child labour and deforestation, together in one program. Ten years on, the program has reached critical scale with over 200,000 farmers in the program, USD 400 m invested by the end of 2022.