Cadbury-maker Mondelez to invest €600m in sustainable cocoa sourcing

This investment comes after voluntary efforts by food giants like Mondelez to source cocoa and other ingredients sustainably through certification schemes had limited impact in practice.

Cadbury chocolate-maker Mondelez doubled down on sustainable cocoa sourcing by pledging to spend an additional $600m (€602m) by 2030 on efforts to combat child labour, farmer poverty and deforestation in cocoa.

The move will bring its total spend on cocoa sustainability since 2012 to $1bn (€1bn) and comes as multinationals face increased reputational and legal pressures to clean up their global supply chains.