Cocoa: Tony’s Chocolonely Côte d’Ivoire and Ghana

Cocoa from Côte d’Ivoire and Ghana

The true cost of cocoa for Tony’s farms in 2017 is €4,52, compared to the Tony’s farms in 2013 which has a true cost of €9,91. Tony’s Chocolonely is known for its ambition to make the global chocolate chain 100% slave-free with the hope to transform the sector.

In addition to a comparison of Tony’s farms in 2013 and 2017, True Price calculated sector benchmarks for 2013 and 2017 to illustrate how Tony’s true costs fall below the benchmark.

Client:
Location: Côte d’Ivoire and Ghana
Year: 2018
Description: True Price and Tony’s have a multi-year collaboration. In 2013, True Price carried out an analysis for Tony’s in which the social and environmental costs of a conventional chocolate bar and a Tony’s chocolate bar were calculated. This was a defining moment for Tony’s, as they realized that much work was still to do. To show that both Tony’s and the sector have developed towards the aim of slave-free chocolate updated results in a follow-up study have been published on November 6, 2018.
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