Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights
• Ethical and Responsible Business Practices

Environmental Achievements

• Implemented a low-carbon roadmap aligned with the Paris Agreement.
• 90% sustainable supply chain for cocoa.
• Increased tonnage of sustainable products sold.
• Increased proportion of sustainable products sold.
• Implemented Deforestation Risk Assessments (DRA) on almost all suppliers for direct cocoa supply chains.
• Launched a pilot project in Madagascar to reduce energy consumption in clove leaf essential oil processing.
• Trained producers in water and waste management.

Social Achievements

• Rainforest Alliance certification for 5,000 farmers in Uganda.
• Implemented various programs to combat child labor in cocoa-growing communities (Côte d'Ivoire and Ghana).
• Developed the “Child Ambassadorship” program to encourage young people to become agents of change.
• Supported the implementation of sustainable solutions for producer partners through initiatives like the Livelihoods Fund for Family Farming.
• Created the “cocoatech” program to train young entrepreneurs in providing agricultural services to cocoa producers.
• Launched a partnership with Wepartum to offer support to parents on childcare.

Governance Achievements

• Strengthened compliance tools and resources, including a third-party evaluation system (IndueD).
• Established a specific map of corruption risks and defined an associated action plan.
• Strengthened the Group’s Quality Policy, including preparations for IFS Broker and FSSC 22000 certification.
• Developed a unique Sustainable Procurement Standard.

Climate Goals & Targets

Environmental Challenges

• The war in Ukraine increased pressure on financial markets and transport costs.
• Rising interest rates and inflation.
• Stringent contractual requirements from the European Union.
• Historically high market and anticipated tighter production levels.
• Climate change impacts on raw material availability and prices.
• Deforestation risks in supply chains.
• Child labor in cocoa-growing communities.

Mitigation Strategies

• Adapted business relations and contracts to manage risks.
• Developed sophisticated forecasting models for harvests and prices.
• Implemented direct supply chain mapping and deforestation risk assessments.
• Developed sustainable agricultural practices, such as agroecology and soil conservation.
• Launched various initiatives to combat child labor and improve living conditions for producers.
• Strengthened compliance tools and resources.
• Developed a unique Sustainable Procurement Standard.

Supply Chain Management

Supplier Audits: 95% of suppliers signed the Supplier Code of Conduct.

Responsible Procurement

• Supplier Code of Conduct
• Third-party monitoring tool (IndueD)
• Sustainable Procurement Standard

Climate-Related Risks & Opportunities

Physical Risks

• Droughts
• Heavy rainfall

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of climate-friendly products and services
• Carbon sequestration through agroforestry

Reporting Standards

Frameworks Used: GRI, UN Global Compact, SBTi (Science Based Targets initiative)

Certifications: Rainforest Alliance, ISO 22000, IFS Broker (in progress), FSSC 22000 (for vanilla packaging)

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 12 (Responsible Consumption and Production)
• Goal 15 (Life on Land)

Touton's initiatives contribute to these goals through sustainable agricultural practices, climate change mitigation, responsible sourcing, and community development programs.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Deforestation
• Biodiversity
• Human Rights
• Sustainable Supply Chains
• Community Development
• Employee Well-being
• Ethical Business Practices

Environmental Achievements

• Defined and adopted a climate strategy with SBTi-aligned targets to reduce GHG emissions by 42% in direct operations (scopes 1 & 2) and 33% in agricultural upstream operations (scope 3) by 2035.
• Implemented a zero-deforestation policy across the value chain by 2025.
• Mapped and geolocated over 207,536 cocoa and coffee plantations.
• Launched a cocoa pod composting project in Côte d'Ivoire to reduce methane emissions and create organic fertilizer.
• Implemented various waste reduction and recycling initiatives at the head office and processing plants.
• Partnered with Windcoop to explore sailboat shipping options from Madagascar to Europe by 2026.

Social Achievements

• Launched the PACT STANDARD, a responsible sourcing tool for cocoa, coffee, vanilla, and tropical ingredients.
• Implemented the Cocoa Agripreneurs program in Côte d'Ivoire, training young people to provide agricultural services to cocoa farmers.
• Supported the creation of Village Savings and Loan Associations (VSLAs) to improve access to financial services for producers.
• Implemented various community development initiatives, including access to clean drinking water in Ghana and menstrual health programs.
• Achieved a Gender Equality Index score of 87/100 at the head office.

Governance Achievements

• Strengthened anti-corruption measures and compliance procedures.
• Implemented a robust due diligence process for suppliers, including human rights and environmental assessments.
• Improved transparency through digitization of supply chain data and enhanced reporting systems.

Climate Goals & Targets

Environmental Challenges

• Unprecedented market volatility in cocoa and coffee due to production shortfalls.
• Supply chain disruptions due to climate events and regulatory changes (EUDR).
• Difficulties in securing cocoa volumes due to record production declines in Côte d'Ivoire and Ghana.
• High prices for natural vanilla leading to erosion of demand.

Mitigation Strategies

• Secured additional financing lines to manage liquidity constraints.
• Leveraged expertise and sustainable supply chains to secure cocoa supplies and fulfill contracts.
• Developed a new responsible sourcing tool (PACT STANDARD) to address social, environmental, and economic issues.
• Implemented a comprehensive plan to comply with the EU's Zero Deforestation Regulation (EUDR).
• Diversified vanilla sourcing to Uganda.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• PACT STANDARD
• Supplier Code of Conduct
• Due diligence processes

Climate-Related Risks & Opportunities

Physical Risks

• Climate change impacts on cocoa and coffee production

Transition Risks

• Regulatory changes (EUDR), market shifts

Opportunities

• Development of sustainable supply chains
• Investment in regenerative agriculture

Reporting Standards

Frameworks Used: GRI, UNGC

Certifications: ISO 9001, FSSC 22000, IFS Broker, Rainforest Alliance (RFA), UEBT

Third-party Assurance: Dauge Fideliance

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 8 (Decent Work and Economic Growth)
• SDG 13 (Climate Action)
• SDG 15 (Life on Land)

Touton's initiatives contribute to these goals through various programs related to water access, community development, climate change mitigation, and forest conservation.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Grand Prix Impact (Regeneration)