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‘Golden shares’ to safeguard sustainability at Tony’s Chocolonely

June 16, 2023 EcoVadis EN


In an unusual move, the Dutch company, which makes colourfully wrapped chunky chocolate bars stocked in UK supermarkets, has created a new governance structure with golden shares that carry the power to veto changes to its ethical strategy.

The shares will be safeguarded by independent “mission guardians” who have the power to prevent legal changes to its sourcing principles and “mission” to eradicate inequality and exploitation in the chocolate industry.

Tony’s, which advertises its goods as “100% exploitation free”, sources from Ghana and Ivory Coast.


Read the full article at: www.theguardian.com

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