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Stock impact report

Brazil Mogul Wants to Sell the World's Best ESG Chocolate [BNN Bloomberg (Canada)]

Natura &Co Holding S.A. American Depositary Shares (NTCO) 
Company Research Source: BNN Bloomberg
But one enterprising businessman looks at it and sees the opportunity to produce a game-changing chocolate. Dengo, whose home base is that very scenic stretch of South Bahia near the resort region of Trancoso, is working to be the world's best and most eco-friendly chocolate producer. The company makes confections like banana-cashew-laced chocolate bars in colorful, eye-catching wrappers that evoke Brazil's rainforests. In the process, Dengo is working to cut waste, double the income of cocoa producers, and encourage organic cocoa and regenerative agriculture. To produce its chocolate, Dengo buys cocoa at a premium ranging from 70% to 200% of the market price — the more sustainable the product, the higher the premium paid to more than 160 local and small producers in one of the poorest parts of the country. The company started in 2017 in Sao Paulo; it now has 38 stores across Latin America's largest cities, and two in Paris. And more are coming: Dengo, whose biggest investor is Show less Read more
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