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[$$] Hershey to Aid Cocoa Farmers in West Africa

Co. (HSY) on Wednesday mapped out new commitments as part of a pledge to bolster forest restoration and improve outcomes for cocoa farmers in West Africa. The packaged-food company said it will distribute 900,000 multi-purpose trees to farms in Ghana and Cote d’Ivoire by 2022, distribute more than 2.5 million higher-yielding cocoa seedlings to farmers in the two countries by 2022 and complete satellite mapping of 50,000 farms in the two countries that are part of the company’s supply chain this year. Under its Cocoa For Good program, Hershey said it has implemented programs that meet commitments under the larger Cocoa & Forest Initiative.