Friday Morning Coffee 159: The candy is getting out of the bag

230721 Friday Morning Coffee

Friday Morning Coffee 159: The candy is getting out of the bag

The Swedish confectionery maker Cloetta with a strong portfolio of local brands in chocolate products, chewing gum and pick & mix concepts in the Nordics, the Netherlands, and for some of the brands even across Europe posted strong first half results. Meanwhile, as the company is operationally sound, it also set high ESG standards for itself which investors and humans, we can only appreciate. Although we could write many pages on the efforts made, we would like to at least mention one example which is that Cloetta applies the Farmer Connect platform to ensure farmers are paid directly and fairly which helps alleviating poverty and child labour.

(see attached pdf)