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.