Grupo Nutresa Announces 11% Revenue Growth, Pledges $1. 5 Billion for Cocoa Sustainability

Grupo Nutresa, parent company of Compañía Nacional de Chocolates and B2B logo Chocolate Cordillera, said the new high-impact program will continue in the cocoa chain in Colombia with new commitments amounting to $1. 5 billion in investments over the next 10 years.

The new projects join the status quo of a nursery in the south of the country for the production of 10 million cocoa trees over the next five years. In addition, the Group will invest 50% of the cost of maintaining the nursery over the next five years. five years in partnership with the Colombian government.

It will also invest more in education on agricultural practices while also supporting cocoa farmers’ associations and cooperatives.

“We need partnerships in this area. We are committed to opening new markets and sharing more premiums with associations,” said Carlos Ignacio Gallego, president of Nutresa.

The National Chocolate Company has also shown that it will expand the fair industry to consumers overseas, willing to pay higher costs for social and environmental conditions, and to share profits with farmers’ associations and cooperatives.

The Gilinski Group, the majority shareholder of Grupo Nutersa, said that last year it recorded double-digit expansion in categories, adding cookies, chocolates, Tresmontes Luchetti, food for customers, ice cream and others.

“We continue to invest in high-growth categories and channels, strengthening the portfolio proposition,” said Gallego.

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