In
the trades, Socicana was the first to sell credits worth 83,300 tonnes of
sugarcane to Barry Callebaut. This was followed by another 79,000 sugarcane
credits sold by Assobari. Both Socicana and Assobari have been members of
Bonsucro for many years and have both held a Bonsucro certificate since 2016.
However, this is the first time they have sold their sugarcane solely because
of its certification.
The
platform offers benefits to buyers of sugarcane and its derived products – they
can make public claims about sustainability in their supply chains. The
platform also helps buyers to meet sustainable sourcing targets by enabling
them to purchase certified credits from across the world.
Kevin
Ogorzalek, Sustainability Sourcing Manager, at Barry Callebaut said, “Barry
Callebaut is committed to sourcing all ingredients sustainably by 2025. For us
to achieve this target, Bonsucro’s Credit Trading Platform is an important tool
to support and incentivise sustainable sugarcane production in our supply
chain. It is our proud achievement to be the first company to buy sugarcane
credits directly from independent, certified farmers who help lead the way in
Bonsucro.”