Next Generation Cacao Foundation

From family to family. From farmer to consumer

From family to family. From farmer to consumer

Cacao-Trace is supported by the Next Generation Cacao Foundation, an initiative of the family-owned company Puratos.  Founded in 2016, the foundation’s mission is to contribute to the social, economic and environmental development of cocoa farmers and communities that are part of the Cacao-Trace program. It embodies Puratos’ longstanding belief that sustainability is a win-win relationship for everyone involved in the cocoa supply chain, from the farmer to the consumer.

 

The foundation oversees the collection and distribution of funds resulting from every purchase of Cacao-Trace chocolate from around the world.

Building trust through good governance

Building trust through good governance

The Next Generation Cacao Foundation is supported by a supervisory committee comprised of Puratos employees and shareholders, Chocostory representatives and other chocolate lovers, and audited annually by an independent third party, the foundation’s dedicated team is committed to transparency across all of its activities. The Foundation will also be publishing an annual report.

Funding the Chocolate bonus through your purchases & donations

Funding the Chocolate bonus through your purchases & donations

For every kilo of Cacao-Trace chocolate purchased, Cacao-Trace pays a “Chocolate Bonus” of 0,10ct back to farmers. This simple and transparent payment scheme is unique in the market and ensures that 100% of the Chocolate Bonus reaches farmers through the Next Generation Foundation Cacao Foundation. Direct donations from businesses and individuals seeking to help Cacao-Trace cocoa farmers and their communities in Vietnam and Ivory Coast are also accepted.

Helping cocoa communities help themselves

Helping cocoa communities help themselves

Today, Cacao-Trace farmers in Vietnam and Ivory Coast receive a Chocolate Bonus twice a year. Local needs determine how the Chocolate Bonus is used. Projects are defined and carefully re-evaluated every two years. For example, farmers in Vietnam receive cash contributions, distributed according to the volume of cocoa beans they deliver. In Ivory Coast, the first project is to supply much-needed water filters.