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Find all the economic and financial information on our Orishas Direct application to download on Play StoreNestlé has announced a new plan to tackle the risks of child labor in cocoa production. At the heart of this new plan is an innovative income-increasing program aimed at improving the living conditions of cocoa farming families.
Under the new plan, a cash bonus will be paid directly to cocoa farming families for certain activities, such as sending children to school. Nestlé's new plan also supports the Company's efforts to transform its global cocoa supply, to ensure full traceability and segregation of its cocoa ingredients. While continuing to expand its sustainability efforts in cocoa, Nestlé plans to invest a total of CHF 1.3 billion by 2030, tripling its current annual investment.
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