Saturday, March 15, 2008

Big Chocolate

Lately it is easy to become angry at large corporations and industries who are making millions in profits while the general US economy teeters on the brink of depression. But one company deserves credit for being a good corporate citizen as they compete in the global economy. The company is Cadbury Schweppes and they are one of the largest candy makers in the world.

I first learned about their partnership with cocoa farmers in an article that appeared in the Economist. Cadbury has agreed to spend 87 million over the next ten years to help farmers in Ghana increase their cocoa production as well as diversify their farms by planting red peppers, mangoes and coconuts. They are also investing in drinking wells, schools, teachers and libraries that will be used by the entire village.

Now I realize that their gesture is not solely philanthropic as they are reliant upon these farmers for a large majority of their cocoa production. But their commitment to improving the lives of their partners, makes good sense from both a business and humanitarian perspective. Cadbury can now depend on a long term, steady supply of cocoa while the farmers receive new skills, improved health conditions and increased educational opportunities for them and their families.

This partnership should serve as a model for other companies doing business in underdeveloped regions. Cadbury could have walked away from Ghana and decided to find cheaper suppliers but they didn't. Instead they invested in their farming partners. In an age of putting the bottom line before people, I am encouraged by their actions. In fact, I plan to buy a Cadbury egg to show my support.

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