EXPORT TRADING CO. LTD

Through its investment into ETG, &Green aims to support the adoption of a landscape-based approach to manage supply chain impacts and risks associated with cocoa production, to ultimately eliminate deforestation, while protecting existing forests and biodiversity, through the inclusion smallholder cocoa farming communities in Ivory Coast.

Ivory Coast is the largest producer of cocoa beans (followed by Ghana). Cocoa production is dominated by smallholder farmers and plays a key role for communities’ livelihoods. At the same time, agriculture contributes to 62% of deforestation in the country, of which 38% is driven by cocoa production.

ETG’s commitments have been detailed in two documents developed together with &Green: The Landscape Protection Plan ( LPP ) and the Environmental and Social Action Plan ( ESAP ). ETG’s commitments will drive the transformation of its sourcing practices as well as of its local traders from whom ETG buys cocoa, and, by implication, the livelihoods and practices of cocoa smallholder communities.

To secure a 100% traceable, NDPE-compliant and inclusive cocoa supply chain, ETG will establish a framework for designing landscape-based interventions to address NDPE-related risks in sourcing regions where they are the highest. After selecting its high-risk sourcing landscapes, ETG will develop tailored sustainability programs, and set outcome and impact targets to demonstrate tangible impact on land use.

KPIs *** 2023 Key Performance Indicators not available given that the transaction was closed end of December 2023