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Nestlé, Lindt & Sprüngli, Mars Incorporated, Mondelēz International, and The Hershey Company have announced a landmark, pre-competitive partnership with the incorporation of the TogetherCocoa Foundation. Based in Geneva, Switzerland, the newly formed independent entity aims to drive unprecedented industry-wide collaboration to strengthen the long-term resilience of the global cocoa supply chain.

The alignment of five of the world's largest chocolate manufacturers signals a strategic acknowledgement that the systemic challenges facing the cocoa industry—from climate volatility to extreme poverty—cannot be solved by individual corporate initiatives alone.

Closing the Living Income Gap

The immediate operational priority for the TogetherCocoa Foundation is the West African cocoa belt, specifically targeting farming communities in Côte d’Ivoire and Ghana, which together produce the vast majority of the world's cocoa.

A central mandate of the foundation is to scale collaborative solutions designed to close the "living income gap" for these cocoa farming households. To achieve this, the initiative plans to engage closely not only with supply chain partners and the wider sector but also with the governments of both West African nations to ensure infrastructural and policy alignment.

Complementing Existing ESG Frameworks

Crucially for stakeholders and investors, the companies confirmed that the new foundation will not replace their respective internal sustainability portfolios. Instead, it is designed to build upon and scale the "test-and-learn" approaches already established by individual members.

• Nestlé reaffirmed its ongoing capital commitment to the Nestlé Cocoa Plan and its specific income accelerator program in the region.

• Mars stated it remains fully committed to its Cocoa for Generations strategy, continuing to run targeted initiatives such as the Women for Change, Livelihoods Ecosystem Advancement (LEAP) Program, and the ACTIVE agroforestry program.

By pooling resources and data generated from these individual programs into the TogetherCocoa Foundation, the coalition aims to implement "joint and scalable solutions" that deliver a more unified impact on the ground.

Industry Context

The formation of TogetherCocoa comes at a critical juncture for the chocolate industry, which has recently faced historic commodity price spikes, tightening environmental regulations (such as the EU Deforestation Regulation), and continued scrutiny over farmer welfare.

While the foundation is currently in its "early stages," the sheer market capitalisation and purchasing power of its five founding members make it one of the most significant collaborative sustainability efforts in the history of the confectionery sector. Further operational details and specific funding mechanisms are expected to be communicated as the initiative develops.