News & Media
Beyond Business as Usual: Joint Forces to Achieve Real Impact in Education and Community Development
October 25, 2016
What happens when the world’s four largest cocoa and chocolate companies and an international child and youth development foundation join forces? Nothing less than achieving measureable impact through community development and education in Côte d’Ivoire with an innovative partnership of pioneering character for the entire industry and beyond. Under the roof of the Jacobs Foundation’s Transforming Education in Cocoa Communities (TRECC) program, Mars, Mondelēz International, Nestlé and Barry Callebaut will reach at least 16’000 children and youth and 72’000 adults over the next three years to provide quality education, empower women, and assure child labour remediation. The four industry partners will jointly invest CHF 5 million on top of their broader commitments under CocoaAction, and the Jacobs Foundation will match the companies’ investments with CHF 3.78 million when project goals are achieved.