Nestle Malaysia to promote sustainable cocoa farming in Borneo


(Seated, left) Datuk Ramle Haji Kasin, Director General of the Malaysian Cocoa Board, and Juan Aranols, Chief Executive Officer, Nestlé Malaysia, signing the MoU. Looking on are (back row, fourth from right) Datuk Sri Haji Fadillah Yusof, Deputy Prime Minister of Malaysia and Minister of Plantation and Commodities, and (fifth from right) Abdul Hadi Omar, Deputy Secretary General (Strategic Planning and Management), Ministry of Plantation and Commodities.

KUALA LUMPUR: Nestle (Malaysia) Bhd has inked a memorandum of understanding (MoU) with the Malaysian Cocoa Board to promote sustainable and responsible sourcing, as well as the adoption of regenerative agriculture practices by farmers.

In a statement, the F&B group said the Nestle Borneo Cocoa Initiative (NBCI) is part of the global Nestle Cocoa Plan Initiative, which aims to shape a responsible cocoa supply chain to improve the livelihoods of farming communities, eliminate child labour and provide a framework of transparency and traceability, while improving yields and quality of the crop.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

High inventory to weigh on CPO prices
Censof lands RM10.77mil govt contract
AHB Holdings forms power generation JV
Kinergy boosts DC presence with RM47.5mil deal
Al-Aqar�Healthcare-REIT to issue RM639mil sukuk
Europe’s mass market car industry calls for support
Land 33 in RM32.3mil land purchase
CTOS estimates RM12mil profit hit from cyber incident
Mentiga Corp to get new major shareholder
Sime Darby to appeal RM150mil tax

Others Also Read