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News & Analysis on Chocolate, Candy and Biscuits 31-Jan-2024
TOP HEADLINES
Cocoa sector set for ‘epic’ week in Amsterdam
Amsterdam Cocoa Week promises an ‘epic collaboration’ when it opens on Monday 5 February at the Beurs van Berlage, the city’s former stock exchange building, where joining forces under one roof will be high-level sustainability conferences Chocoa, the World Cocoa Foundation’s Partnership Meeting, plus the Cacao of Excellence Awards.... Read more
Red Sea freight disruption could add another cost for cocoa companies
The International Cocoa Organization (ICCO) has warned that a rise in freight rates due to conflict in the Red Sea also added to costs for chocolate producers.... Read more
Cocoa farmers see incomes increase under new Fairtrade-backed scheme
A new report from Fairtrade International has highlighted that cocoa farmers who were paid a ‘living income reference price’ earned, on average, 15% more compared to government-regulated farmgate prices in origin countries.... Read more
Consumers care about sustainability as long as the claims fit the category, experts say
Greenwashing around sustainability hurts the growth of important initiatives for the environment, society and animal welfare, but when companies make honest, transparent and science-backed claims about their sustainability, consumer trust is not only improved, but their perception of a premium product can potentially increase for brands, Jordan Bar Am, partner, McKinsey & Company, explained to FoodNavigator-USA.... Read more
View all news headlines for:    Oct     Nov     Dec
EDITOR'S CHOICE
Mars completes takeover of Hotel Chocolat
Mars has announced that it has completed the acquisition of Hotel Chocolat, a UK premium chocolate brands, after ConfectioneryNews reported in November 2023, that the company had reached agreement with Hotel Chocolat’s Board on the terms of the acquisition, subject to Hotel Chocolat shareholder and regulatory approvals.... Read more
ON-DEMAND WEBINARS
Time’s up: new European Union Deforestation Regulation (EUDR) comes into force at the end of 2024 - how ready is cocoa?
Although there are three pieces of legislation to the bill: Deforestation; Corporate Sustainability Due Diligence Directive; & Forced Labour Regulation, this latest ConfectioneryNews webinar will focus primarily on deforestation, which has been in force since the law was passed in June 2023, but applicable from...
23-Jan-2024
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GLOBAL INDUSTRY NEWS
HowGood expands capabilities to become an all-inclusive platform for carbon emission accounting
Sustainability software provider HowGood has updated its carbon-reporting platform Latis to include all emission scopes (Scope 1, 2, and 3), as CPG companies focus on ways to cut carbon from reformulating products to supporting regenerative agriculture practices, company head of product Nina DePalma told FoodNavigator-USA.... Read more
ALDI lays out multi-pronged approach to creating a greener private-label business
Private-label giant and retailer ALDI is leveraging its deep partnerships with food manufacturers and ingredient companies to create sustainable products while making their retail stores more energy efficient, Una Hrnjak, director of sustainability at ALDI, told Food Navigator-USA.... Read more
Little labels, big impact: How can eco labels drive sales, velocity & consumer loyalty?
Eco labels, from Fairtrade America to Marine Stewardship Council to Non-GMO Project, can help tip the scales when consumers are deliberating between products at shelf and even encourage them to try a new or unfamiliar brand, according to leading sustainability certifying organizations.... Read more
ESG claims in the crosshairs: Litigation focused on environmental claims ticks up
Marketing and advertising claims related to environmental, social and governance efforts are in the crosshairs of the plaintiff’s bar as cases alleging greenwashing, including exaggerated or false claims about ESG initiatives, environmental impact and sustainable practices increase, according to lawyers with the firm Perkins Coie.... Read more
New tech and more data: Diageo's action plan for Latin America
Diageo’s first half results for fiscal 24 were dragged down by a 23% drop in sales in Latin America. What happened – and how will the company shift its strategy moving forward?... Read more
Can alcohol-free wine see the same success as alcohol-free beer?
Alcohol-free wine has been slower to take off than alcohol-free beer. Why is this – and are there signs that the category’s fortunes are changing?... Read more
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