ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

All About the Chocolate Empire That Emerged From one Man's Fight Against Exploitation

As Tony’s Chocolonely continues to expand its reach and influence, its impact extends far beyond the realm of chocolate.
PUBLISHED APR 7, 2024
Cover Image Source: Facebook | Tony's Chocolonely
Cover Image Source: Facebook | Tony's Chocolonely

Chocolate brands may spread sweetness across the globe, but at the heart of it lies the the bitter reality of exploitation, that one man dared to call out. Teun van de Keuken, a Dutch journalist turned entrepreneur, embarked on a mission to revolutionize the chocolate industry and eradicate the stain of child labor and slavery from its supply chains. What emerged from his activism was Tony’s Chocolonely, a beacon of ethical consumption and social responsibility.



 

Frustrated by the pervasive use of child labor in the cocoa industry, he sought to hold himself accountable for perpetuating this injustice. His attempt to incriminate himself, however, was met with bureaucratic indifference.

Undeterred, he pivoted towards a more constructive approach, creating a chocolate brand that would serve as a testament to ethical production practices.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Tony's Chocolonely USA 🇺🇸 (@tonyschocolonely_us)


 

Tony’s Chocolonely was founded on a simple yet powerful premise, to demonstrate that chocolate could be made without exploiting children or farmers. The company committed itself to paying West African cocoa farmers a living wage, thereby addressing the root causes of child labor. It also pledged to source its beans from farms that abstained from deforestation, aligning its business practices with environmental stewardship.

Nearly two decades later, the brand has transcended its Dutch origins to become a global phenomenon. Its unwavering dedication to social justice and sustainability has garnered widespread acclaim, propelling it into the ranks of the world's most beloved chocolate brands.

With a presence in major U.S. retailers like Whole Foods, Target, and Walmart, Tony’s Chocolonely has become synonymous with conscientious consumption.



 

According to the U.S. Department of Labor, 955 investigations uncovered child labor violations in 2023, marking a 14% rise compared to the previous year. These investigations revealed nearly 5,800 children employed unlawfully, representing an 88% surge since 2019.

CEO Douglas Lamont attributes the company's success to its steadfast adherence to ethical principles. "We’ve demonstrated it’s possible to pay a living income to farmers to address the challenges of child labor. We’ve shown you can be a successful chocolate company doing it the right way, in an ethical way," he told CNBC Make It.

With revenue reaching $162 million and a 23% growth rate in the past year alone, the company has demonstrated the economic viability of its socially conscious model. In addition to that, consumers are increasingly voting with their wallets, choosing brands that prioritize transparency, fairness, and sustainability.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Tony's Chocolonely USA 🇺🇸 (@tonyschocolonely_us)


 

Tony’s Chocolonely has shattered industry norms and inspired a new generation of conscious consumers. The financial success of the company also reveals the growing demand for ethically sourced products.

Beyond its financial achievements, the company is also committed to fostering direct relationships with cocoa farmers. Through initiatives like Tony’s Open Chain, the company seeks to establish transparent supply chains and empower farmers to earn a dignified livelihood. 

As Tony’s Chocolonely continues to expand its reach and influence, its impact extends far beyond the realm of chocolate. By daring to challenge the status quo and championing a vision of fairness and equality, the company has not only built a successful brand but also ignited a movement for change.

MORE ON MARKET REALIST
Drew Carey tried making a bet with the contestant but she was not having it.
17 hours ago
Steve Harvey was left stunned by the answer and had to question the entire family.
19 hours ago
Steve Harey forced the contestants hiding to come out and address the situation.
1 day ago
Rick Harrison were creeped out by the handcuffs but still wanted to buy them.
1 day ago
Cuban was interested in the tech side of the company but was annoyed when his doubts got no answers.
1 day ago
She had already won more than $21,000 and a trip to Portugal before heading to the round.
2 days ago
The contestant even apologized to Steve Harvey after her answer was called out.
2 days ago
The host urged fans not to laugh at the answer, as it might come back to bite them in the future.
2 days ago
The seller lacked any solid proof and as a result, nobody on the show wanted to offer him a deal.
3 days ago
The contestant wished that bars gave free alcohol to those already drunk out of their minds.
3 days ago
It would have been easy for Amy Schneider to respond harshly to the accusations, but she remained cool and collected.
3 days ago
The host was left shocked after hearing the answer as he mouthed "wow" a couple of times.
3 days ago
The contestant went on to win $20,000 for her family despite the awkward moment.
4 days ago
The entrepreneurs might have hoped that a third of their company would attract a shark, but it didn't.
4 days ago
She was just happy to be on the show and was not disappointed about leaving empty-handed.
4 days ago
Things got heated as all of the sharks took shots at each other for a chance to cut a deal.
4 days ago
The entrepreneur was selling a DVD set about men's grooming, which was priced at a whopping $297.
5 days ago
Some might have expected the host to be a bit upset but he was entertained.
5 days ago
The entrepreneurs had initially asked for $50,000 for a 50% stake in the company.
5 days ago
She had uploaded photos and videos from a taping on her Instagram stories.
5 days ago