ofi's cocoa business ‘raises regenerative agriculture ambition’ with new 2030 targets
London, December 19, 2024
ofi (olam food ingredients), a global leader in naturally good food and beverage ingredients and food solutions, is further enhancing efforts to tackle deforestation and drive regenerative agriculture by achieving seven landscape partnerships and bringing over a million hectares under regenerative agriculture by 2030.
These new targets align with ofi’s company-wide Choices for Change strategy and will be further boosted by the cocoa business’ tree carbon stock target of 15 million trees by 2030, converting as many farms as possible to agroforestry.
This announcement coincides with the release of ofi’s 2023 Cocoa Compass Impact Report, which shares the latest sustainability progress from across its cocoa supply chain and builds on the steps taken to protect and restore cocoa landscapes.
Regenerative agriculture highlights since the launch of the Cocoa Compass in 2018 include:
- 8.9 million trees distributed for agroforestry programs by ofi cocoa, working with customers and partners
- 57,000 hectares of land rehabilitated globally
- 970,000 farmers trained in Good Agricultural Practices
