Posted by & filed under Managerial Accounting.

Description:  Chocolate giant Hershey is spending $500 million in an effort to make its business practices more sustainable. In a program it is calling Cocoa for Good, Hershey wants to direct this half-billion in funding through 2030 to reduce child labour and to increase the sustainability of cocoa supplies. Hershey currently sources 75 per cent of its cocoa from certified and sustainable sources. it hopes to reach 100 per cent by 2020.

Date: April 3, 2018



1) Are you a fan of the Hershey’s chocolate kisses? Were you aware of the Cocoa for Good program? How does it impact your opinion of the company?

2) How could managerial accountants be called upon to help Hershey’s in its pursuit of sustainable sources of supply?

3) On page 321 of Wiley’s Financial Accounting: Tools for Business Decision Making, you can read “many companies have moved to streamline their supply chain operations.” What might be some of the challenges Hershey might face in the cocoa supply chain?

Leave a Reply

Your email address will not be published. Required fields are marked *