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Mondelez International, FLOCERT ink agreement for supply chain verification

FBR Staff Writer Published 05 February 2015

Mondelez International and FLOCERT, a socially focused global certification body, have entered into a new partnership to authenticate cocoa volumes and commercial transactions for the company's $400m Cocoa Life program.

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Cocoa Life will collaborate with FLOCERT to employ a custom-made version of its FLOTIS reporting system to validate the quantity of sustainably grown and traded cocoa and to verify Cocoa Life premium payments made to farmer organisations.

Originally developed to monitor Fairtrade certification, FLOTIS is a monitoring tool that enables FLOCERT to support verification programmes such as Cocoa Life.

The contract will be for three years, with an option to extend until 2022.

FLOCERT, CEO, Rudiger Meyer says "Mondelez International is a long standing strategic partner of Fairtrade. We are pleased at the opportunity to further support this cooperation by supplying them with our verification services to help the Cocoa Life program measure progress towards achieving its goals."

Image: Mondelez International's Cocoa Life is partnering with FLOCERT. Photo: courtesy of Mondelez International.