Child labour takes the sweetness out of investing in chocolate

Despite chocolate companies pledging to cut child labour, the problem has actually got worse, says report

20 June 2021 - 18:17 By Lars Erik Taraldsen and Leanne de Bassompierre

In Oslo, where the world’s biggest sovereign wealth fund decides how to allocate $1.4-trillion (R20-trillion), a huge contradiction lurks.

The fund is trying to reconcile a sustainable-investing mantra with the billions it owns in companies that source cocoa from regions where children pick beans that feed the world’s craving for chocolate. So far, it has chosen to stay involved rather than sell so it can push for positive change...

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