Olam Achieves 100% Traceability for Cocoa

Olam Achieves 100% Traceability for Cocoa

Olam International is the world’s third-largest cocoa processor, and it has now achieved 100% traceability for the cocoa it sources | #achieved 100% traceability for the cocoa it sources |.
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Olam’s Achievement
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The company explains that it can trace its cocoa from the farm or community of origin to its own ingredient processing facilities. Olam accounts for about 12% of the world’s cocoa beans.
Olam’s own brands include deZaan, Unicao, Joanes, Macao, Huysman, BT Cocoa, and Britannia, collectively the manufacturers of cocoa powder and cocoa butter. Additionally, Olam supplies cocoa-based ingredients to other manufacturers, bakeries, and chocolate confectionary | Learn more on Commonshare | companies.
Much of Olam’s cocoa | Learn more on Commonshare | comes from its own sourcing. However, about 40% of all the cocoa its uses comes from other producers. At present, traceability applies to the 60% of Olam’s cocoa that the company sources itself, but it is an important first step toward complete transparency for the whole company.
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Leading the Way
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Olam is also ahead of its competitors in having such extensive traceability. Other major cocoa companies, including Mars, Nestlé | Learn more on Commonshare |, Mondelez, Hershey, and Barry Callebaut, have attempted to make changes to respond to environmental and economic issues. However, not all of these programs have made much of an impact.
This does not mean these other brands are not continuing to try. For example, Barry Callebaut has started to disclose the names of the cooperatives and buying stations from which it sources its West African cocoa.   
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Technology and Traceability
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Olam is using technology to trace supply chains across nine different cocoa-producing countries. It plans to use this tracing capability going forward in order to provide more transparency regarding questions about living wages paid, the use of child labor, and deforestation.
These developments are significant for an industry that has long been mired in controversy and dogged by issues of economic exploitation, child labor, and deforestation.
By creating a traceable supply chain, Olam is showing that the cocoa it sources is transparent from farm to bar. Other companies are likely to follow suit if they do not wish to be left at a disadvantage. Indeed, the Rainforest Alliance is planning to tighten certification for cocoa | Learn more on Commonshare | producers next year, precisely so that it can improve traceability and sustainability for cocoa companies, governments, NGOs, and other participants in the industry.
Lexicon:
Achieved 100% traceability for the cocoa it sources | https://www.vice.com/en_in/article/z3eabx/the-pandemic-is-driving-people-to-sustainable-products-but-brands-keep-exaggerating-their-claims |: According to an announcement from the company.
 

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