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Inside The Global Cocoa Crisis With Mondelēz's Chief Cocoa Officer | CGF 2026 · Omni Talk Retail

• 0:00
  Hello
• 0:00
  everyone,
• 0:00
  this
• 0:01
  is
• 0:01
  Omnitalk
• 0:01
  Retail.
• 0:02
  I
• 0:02
  am
• 0:02
  Chris
• 0:02
  Walton
• 0:03
  and
• 0:03
  we
• 0:03
  are
• 0:03
  coming
• 0:03
  to
• 0:03
  you
• 0:03
  live
• 0:04
  once
• 0:04
  again
• 0:04
  from
• 0:04
  the
• 0:04
  Consumer
• 0:05
  Goods
• 0:06
  Forums
• 0:06
  Global
• 0:06
  Summit
• 0:07
  in
• 0:07
  Vienna,
• 0:08
  Austria.
• 0:09
  And
• 0:09
  we
• 0:09
  are
• 0:09
  of
• 0:09
  course
• 0:10
  in
• 0:10
  the
• 0:10
  CGF
• 0:11
  Leadership
• 0:11
  Studio,
• 0:11
  which
• 0:12
  is
• 0:12
  sponsored
• 0:12
  by
• 0:13
  Vuzion.
• 0:13
  Now
• 0:14
  joining
• 0:14
  me
• 0:14
  is
• 0:14
  Darren
• 0:15
  o'.
• 0:15
  Brien.
• 0:15
  Can't
• 0:16
  wait
• 0:16
  to
• 0:16
  talk
• 0:16
  to
• 0:16
  Darren.
• 0:17
  He's
• 0:17
  got
• 0:17
  a
• 0:17
  great
• 0:17
  personality.
• 0:18
  Darren
• 0:18
  o'
• 0:18
  Brien
• 0:19
  is
• 0:19
  the
• 0:19
  Chief
• 0:19
  Corporate
• 0:19
  and
• 0:20
  Government
• 0:20
  Affairs
• 0:20
  Officer
• 0:21
  and
• 0:22
  everybody,
• 0:23
  the
• 0:23
  Chief
• 0:24
  Cocoa
• 0:24
  Officer
• 0:25
  of
• 0:25
  Mondelez
• 0:26
  International.
• 0:26
  Darren,
• 0:27
  welcome
• 0:27
  to
• 0:27
  omnitalk.
• 0:27
  Thanks
• 0:28
  for
• 0:28
  joining
• 0:28
  us,
• 0:28
  Chris.
• 0:28
  It's
• 0:29
  an
• 0:29
  absolute
• 0:29
  pleasure.
• 0:29
  Yeah,
• 0:30
  so
• 0:31
  I've
• 0:31
  never
• 0:31
  heard
• 0:31
  a
• 0:31
  title
• 0:32
  like
• 0:32
  that
• 0:32
  before.
• 0:32
  I'm
• 0:32
  sure
• 0:32
  you
• 0:32
  get
• 0:33
  that
• 0:33
  all
• 0:33
  the
• 0:33
  time.
• 0:33
  But
• 0:34
  why
• 0:34
  the
• 0:34
  combination?
• 0:34
  What
• 0:35
  was
• 0:35
  the
• 0:35
  logic
• 0:35
  there?
• 0:36
  Well,
• 0:36
  it
• 0:36
  didn't
• 0:37
  start
• 0:37
  that
• 0:37
  way,
• 0:37
  okay.
• 0:38
  It
• 0:38
  started
• 0:38
  off
• 0:39
  as
• 0:39
  the
• 0:39
  Chief
• 0:39
  Corporate
• 0:40
  and
• 0:40
  Government
• 0:40
  Affairs
• 0:41
  Officer.
• 0:41
  We
• 0:42
  then
• 0:42
  had
• 0:42
  what
• 0:43
  was
• 0:43
  effectively
• 0:44
  a
• 0:44
  crisis
• 0:44
  in
• 0:45
  cocoa.
• 0:45
  And
• 0:46
  as
• 0:46
  a
• 0:46
  business,
• 0:46
  we
• 0:47
  buy
• 0:47
  a
• 0:47
  very
• 0:48
  significant
• 0:48
  amount
• 0:48
  of
• 0:49
  cocoa.
• 0:49
  I
• 0:49
  gotta
• 0:49
  imagine,
• 0:50
  I
• 0:50
  gotta
• 0:50
  imagine.
• 0:51
  And
• 0:51
  it's
• 0:51
  a
• 0:51
  complex
• 0:52
  supply
• 0:52
  chain,
• 0:52
  you
• 0:53
  know,
• 0:53
  from
• 0:53
  several
• 0:54
  million
• 0:54
  farms
• 0:54
  in
• 0:55
  West
• 0:55
  Africa
• 0:55
  all
• 0:56
  the
• 0:56
  way
• 0:56
  through
• 0:56
  to
• 0:56
  places
• 0:57
  like
• 0:57
  Brazil.
• 0:58
  And
• 0:58
  we
• 0:58
  want
• 0:58
  to
• 0:59
  take
• 0:59
  an
• 0:59
  end
• 0:59
  to
• 0:59
  end
• 0:59
  approach
• 1:00
  and
• 1:00
  take
• 1:00
  a
• 1:01
  long
• 1:01
  term
• 1:01
  strategic
• 1:02
  approach
• 1:03
  that's
• 1:03
  not
• 1:03
  just
• 1:03
  about
• 1:03
  managing
• 1:04
  year
• 1:04
  to
• 1:04
  year.
• 1:04
  But
• 1:05
  what
• 1:05
  are
• 1:05
  the
• 1:05
  things
• 1:05
  we
• 1:06
  need
• 1:06
  to
• 1:06
  do
• 1:07
  to
• 1:07
  secure
• 1:07
  that
• 1:08
  supply
• 1:08
  chain,
• 1:08
  to
• 1:09
  make
• 1:09
  it
• 1:09
  more
• 1:09
  predictable,
• 1:10
  both
• 1:10
  in
• 1:10
  price,
• 1:11
  in
• 1:11
  terms
• 1:11
  of
• 1:11
  supply
• 1:12
  and
• 1:12
  make
• 1:12
  sure
• 1:12
  we
• 1:12
  can
• 1:12
  still
• 1:13
  make
• 1:13
  the
• 1:13
  chocolate
• 1:13
  that
• 1:13
  people
• 1:14
  love.
• 1:14
  So
• 1:15
  hence
• 1:15
  we
• 1:15
  got
• 1:15
  a
• 1:15
  Chief
• 1:16
  Cocoa
• 1:16
  Officer
• 1:17
  and
• 1:17
  a
• 1:17
  cocoa
• 1:18
  enterprise
• 1:18
  that
• 1:18
  I
• 1:19
  have
• 1:19
  responsibility
• 1:19
  for.
• 1:20
  Do
• 1:20
  you
• 1:20
  have
• 1:20
  any
• 1:20
  idea
• 1:20
  how
• 1:21
  many
• 1:21
  other
• 1:21
  Chief
• 1:21
  Cocoa
• 1:22
  officers
• 1:22
  there
• 1:22
  are
• 1:22
  in
• 1:22
  the
• 1:22
  world?
• 1:23
  Do
• 1:23
  you
• 1:23
  like
• 1:23
  get
• 1:23
  together?
• 1:23
  Is
• 1:23
  it
• 1:24
  like
• 1:24
  people's
• 1:24
  sexiest
• 1:24
  man
• 1:25
  of
• 1:25
  the
• 1:25
  Year?
• 1:25
  Like,
• 1:25
  do
• 1:25
  you
• 1:25
  guys
• 1:26
  get
• 1:26
  together?
• 1:26
  And
• 1:26
  like,
• 1:27
  I
• 1:27
  would
• 1:27
  like
• 1:28
  to
• 1:28
  think
• 1:28
  so,
• 1:28
  but
• 1:28
  then
• 1:28
  I
• 1:29
  saw
• 1:29
  someone
• 1:29
  else
• 1:30
  with
• 1:30
  the
• 1:30
  title
• 1:30
  at
• 1:30
  Mars
• 1:31
  the
• 1:31
  other
• 1:31
  day
• 1:31
  and
• 1:31
  I
• 1:31
  was
• 1:31
  a
• 1:32
  bit
• 1:32
  deflated.
• 1:32
  Oh,
• 1:32
  really?
• 1:33
  So
• 1:33
  maybe
• 1:33
  we
• 1:33
  might
• 1:34
  have
• 1:34
  to
• 1:34
  have
• 1:34
  a
• 1:34
  Chief
• 1:34
  Cocoa
• 1:35
  Officer
• 1:35
  conference
• 1:35
  somewhere
• 1:36
  in
• 1:37
  Africa
• 1:37
  and
• 1:37
  enjoy.
• 1:38
  It
• 1:38
  definitely
• 1:38
  sounds
• 1:38
  like
• 1:39
  a
• 1:39
  happy
• 1:39
  hour
• 1:39
  brewing
• 1:40
  somewhere
• 1:40
  along
• 1:40
  the
• 1:41
  line.
• 1:41
  All
• 1:41
  right,
• 1:42
  CGS
• 1:42
  Vienna,
• 1:43
  CGF
• 1:43
  Vienna.
• 1:44
  Their
• 1:44
  theme
• 1:44
  is
• 1:44
  the
• 1:44
  adaptive
• 1:45
  edge.
• 1:45
  So
• 1:45
  it's
• 1:45
  about
• 1:46
  being
• 1:46
  adaptive
• 1:46
  for
• 1:47
  AI,
• 1:47
  being
• 1:47
  adaptive
• 1:48
  with
• 1:48
  supply
• 1:48
  chain,
• 1:49
  being
• 1:50
  adaptive
• 1:50
  to
• 1:50
  the
• 1:51
  needs
• 1:51
  of
• 1:51
  the
• 1:51
  world,
• 1:52
  the
• 1:52
  environment
• 1:53
  at
• 1:53
  large.
• 1:54
  So
• 1:54
  let's
• 1:54
  go
• 1:54
  into
• 1:55
  the
• 1:55
  cocoa
• 1:55
  crisis
• 1:55
  that
• 1:56
  you
• 1:56
  mentioned.
• 1:56
  What
• 1:56
  did
• 1:57
  that
• 1:57
  experience
• 1:57
  teach
• 1:58
  you
• 1:58
  personally
• 1:58
  about
• 1:59
  adaptability?
• 2:00
  Yeah,
• 2:00
  well,
• 2:01
  in
• 2:01
  many
• 2:01
  ways
• 2:02
  we
• 2:02
  had
• 2:02
  a
• 2:03
  good
• 2:03
  look
• 2:03
  at
• 2:03
  ourselves
• 2:04
  and,
• 2:04
  you
• 2:04
  know,
• 2:05
  some
• 2:05
  of
• 2:05
  the
• 2:05
  things
• 2:06
  would
• 2:06
  seem
• 2:06
  obvious,
• 2:07
  but
• 2:08
  technology's
• 2:09
  helped
• 2:09
  us
• 2:09
  sort
• 2:09
  of
• 2:09
  get
• 2:09
  a
• 2:09
  better
• 2:10
  understanding.
• 2:10
  So
• 2:11
  I'll
• 2:11
  give
• 2:11
  you
• 2:11
  a
• 2:11
  couple
• 2:11
  of
• 2:11
  examples.
• 2:12
  There
• 2:13
  are
• 2:13
  two
• 2:13
  big
• 2:13
  regions
• 2:14
  of
• 2:14
  cocoa
• 2:14
  in
• 2:14
  the
• 2:14
  world.
• 2:15
  Okay.
• 2:15
  There's
• 2:15
  over
• 2:15
  in
• 2:16
  West
• 2:16
  Africa
• 2:16
  and
• 2:16
  then
• 2:16
  there's
• 2:17
  the
• 2:17
  Andean
• 2:17
  region
• 2:18
  where
• 2:18
  there's
• 2:18
  places
• 2:18
  like
• 2:19
  Ecuador
• 2:19
  and
• 2:19
  Brazil
• 2:20
  and
• 2:20
  Nigeria
• 2:21
  and
• 2:21
  so
• 2:21
  on.
• 2:22
  The
• 2:22
  weather
• 2:22
  patterns
• 2:23
  for
• 2:23
  both
• 2:23
  are
• 2:23
  different.
• 2:24
  You
• 2:25
  tend
• 2:25
  to
• 2:25
  get
• 2:26
  different
• 2:26
  conditions.
• 2:27
  You
• 2:27
  never
• 2:28
  get
• 2:28
  sort
• 2:28
  of
• 2:28
  a
• 2:28
  simultaneous
• 2:29
  conversion
• 2:30
  of
• 2:30
  the
• 2:30
  same
• 2:30
  weather.
• 2:31
  So
• 2:31
  hence
• 2:31
  it
• 2:32
  makes
• 2:32
  sense
• 2:32
  to
• 2:32
  spread
• 2:32
  where
• 2:33
  you're
• 2:33
  sourcing
• 2:33
  from
• 2:34
  across
• 2:34
  both
• 2:34
  regions.
• 2:35
  We
• 2:35
  were
• 2:35
  heavily
• 2:36
  dependent
• 2:36
  in
• 2:36
  West
• 2:37
  Africa.
• 2:37
  We're
• 2:38
  now
• 2:38
  growing
• 2:38
  our
• 2:39
  origin
• 2:39
  diversity.
• 2:40
  And
• 2:41
  that
• 2:41
  seems
• 2:41
  like
• 2:41
  a
• 2:42
  simple
• 2:42
  thing
• 2:42
  to
• 2:42
  do
• 2:43
  until
• 2:43
  you
• 2:44
  take
• 2:44
  into
• 2:44
  account
• 2:45
  beans
• 2:45
  have
• 2:46
  different
• 2:46
  flavour
• 2:46
  profiles,
• 2:48
  they
• 2:48
  give
• 2:48
  you
• 2:48
  different
• 2:49
  types
• 2:49
  of
• 2:50
  dark
• 2:51
  chocolate
• 2:51
  notes
• 2:52
  all
• 2:52
  the
• 2:52
  way
• 2:52
  through
• 2:52
  to
• 2:52
  what
• 2:53
  we
• 2:53
  use
• 2:53
  in
• 2:53
  milk
• 2:53
  chocolate.
• 2:54
  So
• 2:54
  we
• 2:54
  had
• 2:54
  to
• 2:55
  make
• 2:55
  sure
• 2:55
  we
• 2:55
  had
• 2:55
  both
• 2:55
  the
• 2:56
  recipe
• 2:56
  flexibility
• 2:57
  as
• 2:57
  well
• 2:58
  as
• 2:58
  the
• 2:58
  sourcing
• 2:58
  flexibility
• 2:59
  to
• 3:00
  be
• 3:00
  able
• 3:00
  to
• 3:00
  bring
• 3:00
  that
• 3:00
  together.
• 3:01
  We're
• 3:02
  also
• 3:02
  looking
• 3:02
  at
• 3:02
  things
• 3:02
  such
• 3:03
  as
• 3:03
  large
• 3:03
  scale
• 3:03
  farming.
• 3:04
  We
• 3:04
  have
• 3:05
  around
• 3:05
  2.2
• 3:06
  million
• 3:07
  farmers
• 3:07
  supplying
• 3:08
  cocoa
• 3:08
  in
• 3:08
  West
• 3:09
  Africa.
• 3:09
  They
• 3:10
  have
• 3:10
  a
• 3:10
  couple
• 3:10
  of
• 3:10
  hectares
• 3:11
  each
• 3:11
  and
• 3:11
  make
• 3:12
  about
• 3:12
  half
• 3:12
  a
• 3:12
  kilo
• 3:12
  of
• 3:13
  cocoa
• 3:13
  per
• 3:13
  hectare.
• 3:14
  Okay.
• 3:14
  We're
• 3:14
  having
• 3:15
  a
• 3:15
  look
• 3:15
  at
• 3:15
  what
• 3:15
  sort
• 3:16
  of
• 3:16
  technologies,
• 3:16
  things
• 3:17
  like
• 3:17
  irrigation,
• 3:18
  fertiliser
• 3:19
  and
• 3:19
  so
• 3:19
  on,
• 3:20
  and
• 3:20
  technology
• 3:21
  in
• 3:22
  terms
• 3:22
  of
• 3:22
  predictive
• 3:23
  capabilities,
• 3:24
  disease
• 3:24
  resistance
• 3:25
  and
• 3:25
  so
• 3:25
  on
• 3:26
  to
• 3:26
  get
• 3:26
  better
• 3:26
  productivity
• 3:27
  and
• 3:27
  yield.
• 3:28
  So
• 3:28
  expanding
• 3:28
  that
• 3:29
  is
• 3:29
  one
• 3:29
  of
• 3:29
  our
• 3:29
  sources.
• 3:30
  And
• 3:30
  there's
• 3:31
  some
• 3:31
  amazing
• 3:31
  technology
• 3:32
  coming
• 3:32
  through
• 3:32
  in
• 3:33
  terms
• 3:33
  of
• 3:33
  how
• 3:33
  you
• 3:34
  might
• 3:34
  be
• 3:34
  able
• 3:34
  to
• 3:35
  use
• 3:35
  cells
• 3:36
  of
• 3:36
  cocoa
• 3:36
  plants
• 3:37
  to
• 3:37
  actually
• 3:38
  make
• 3:38
  cocoa
• 3:38
  butter,
• 3:39
  which
• 3:39
  is
• 3:39
  the
• 3:39
  key
• 3:39
  ingredient.
• 3:40
  And
• 3:41
  that's
• 3:41
  potentially
• 3:41
  what
• 3:41
  we're
• 3:41
  calling
• 3:42
  the
• 3:42
  cocoa
• 3:42
  of
• 3:43
  the
• 3:43
  future.
• 3:43
  So
• 3:43
  where
• 3:43
  are
• 3:44
  you
• 3:44
  in
• 3:44
  that
• 3:44
  diversification
• 3:45
  journey?
• 3:45
  Like,
• 3:46
  are
• 3:46
  you
• 3:46
  at
• 3:46
  mile
• 3:47
  one,
• 3:47
  mile
• 3:48
  24
• 3:48
  of
• 3:48
  the
• 3:48
  marathon?
• 3:49
  How
• 3:49
  would
• 3:49
  you
• 3:49
  sum
• 3:49
  that
• 3:50
  up?
• 3:50
  Well,
• 3:50
  we're
• 3:50
  one
• 3:50
  year
• 3:51
  in,
• 3:51
  one
• 3:51
  year
• 3:52
  in.
• 3:52
  Okay.
• 3:52
  But
• 3:53
  we
• 3:53
  have
• 3:53
  agreements
• 3:54
  now
• 3:54
  for
• 3:54
  around
• 3:54
  about
• 3:54
  50,000
• 3:55
  hectares
• 3:56
  of
• 3:56
  large
• 3:56
  scale
• 3:57
  farms.
• 3:58
  We
• 3:58
  have
• 3:58
  investments
• 3:59
  in
• 3:59
  around
• 3:59
  four
• 4:00
  startups
• 4:01
  who
• 4:01
  are
• 4:01
  actually
• 4:02
  looking
• 4:03
  at
• 4:03
  this
• 4:03
  sort
• 4:03
  of
• 4:04
  fermented
• 4:05
  cocoa
• 4:06
  technology.
• 4:07
  We've
• 4:08
  significantly
• 4:09
  increased
• 4:09
  our
• 4:10
  sourcing
• 4:10
  capabilities
• 4:11
  from
• 4:11
  the
• 4:11
  Andean
• 4:12
  region
• 4:12
  in
• 4:12
  places
• 4:12
  like
• 4:13
  Ecuador.
• 4:14
  So
• 4:14
  it's
• 4:14
  only
• 4:14
  been
• 4:15
  a
• 4:15
  year,
• 4:16
  but
• 4:16
  we
• 4:16
  are
• 4:16
  definitely
• 4:17
  seeing
• 4:17
  a
• 4:17
  rapid
• 4:18
  sort
• 4:18
  of
• 4:18
  scale
• 4:18
  up
• 4:19
  in
• 4:19
  terms
• 4:19
  of
• 4:19
  the
• 4:19
  capability
• 4:20
  of
• 4:20
  the
• 4:20
  pillars
• 4:21
  we're
• 4:21
  building,
• 4:21
  but
• 4:22
  not
• 4:22
  necessarily
• 4:22
  yet
• 4:23
  the
• 4:23
  cocoa
• 4:23
  volume
• 4:24
  from
• 4:24
  those
• 4:24
  pillars.
• 4:24
  Got
• 4:25
  it,
• 4:25
  Got
• 4:25
  it.
• 4:25
  Okay,
• 4:25
  good.
• 4:25
  Glad
• 4:26
  I
• 4:26
  asked
• 4:26
  that.
• 4:27
  All
• 4:27
  right,
• 4:27
  so
• 4:27
  my
• 4:27
  next
• 4:28
  question
• 4:28
  would
• 4:28
  be,
• 4:28
  you
• 4:28
  know,
• 4:28
  the
• 4:29
  CGF
• 4:30
  Human
• 4:30
  Rights
• 4:30
  Coalition
• 4:31
  is
• 4:31
  also
• 4:31
  a
• 4:32
  key
• 4:32
  part
• 4:32
  of
• 4:32
  the
• 4:32
  summit.
• 4:33
  It's
• 4:33
  also
• 4:33
  one
• 4:33
  of
• 4:33
  the
• 4:33
  most
• 4:33
  prominent
• 4:34
  sessions
• 4:34
  here.
• 4:36
  And
• 4:36
  you
• 4:37
  also
• 4:37
  are
• 4:37
  very
• 4:37
  involved
• 4:38
  in
• 4:38
  this
• 4:38
  idea
• 4:38
  called
• 4:39
  Coco
• 4:39
  Life.
• 4:39
  Can
• 4:40
  you
• 4:40
  explain
• 4:40
  that?
• 4:40
  And
• 4:41
  how
• 4:41
  is
• 4:41
  that
• 4:41
  actually
• 4:41
  changing
• 4:42
  things
• 4:42
  or
• 4:42
  what
• 4:42
  is
• 4:43
  it
• 4:43
  designed
• 4:43
  to
• 4:43
  do?
• 4:44
  Yeah,
• 4:44
  so
• 4:45
  look,
• 4:45
  as
• 4:45
  you
• 4:45
  talk
• 4:46
  about
• 4:46
  Human
• 4:46
  rights.
• 4:47
  And
• 4:47
  there's
• 4:47
  been
• 4:47
  a
• 4:47
  lot
• 4:48
  of
• 4:48
  focus
• 4:49
  for
• 4:49
  all
• 4:49
  the
• 4:49
  right
• 4:50
  reasons
• 4:50
  in
• 4:50
  terms
• 4:50
  of
• 4:51
  making
• 4:51
  sure
• 4:51
  that
• 4:51
  we
• 4:52
  have
• 4:52
  a
• 4:52
  child
• 4:52
  labour
• 4:53
  free
• 4:54
  cocoa
• 4:55
  supply
• 4:55
  chain.
• 4:56
  We
• 4:56
  spend
• 4:57
  millions
• 4:57
  and
• 4:57
  millions
• 4:58
  of
• 4:58
  dollars,
• 4:58
  as
• 4:59
  do
• 4:59
  our
• 4:59
  peers,
• 4:59
  in
• 5:00
  terms
• 5:00
  of
• 5:01
  remediation
• 5:01
  and
• 5:02
  monitoring
• 5:02
  programs
• 5:04
  around
• 5:04
  ensuring
• 5:05
  that
• 5:05
  you
• 5:06
  don't
• 5:06
  just
• 5:06
  say
• 5:07
  you
• 5:07
  cannot
• 5:07
  have
• 5:08
  child
• 5:08
  labour,
• 5:08
  but
• 5:08
  you
• 5:08
  look
• 5:08
  at
• 5:09
  what
• 5:09
  are
• 5:09
  the
• 5:09
  causes
• 5:09
  of
• 5:09
  it
• 5:10
  and
• 5:10
  how
• 5:10
  do
• 5:10
  you
• 5:10
  address
• 5:11
  those
• 5:11
  causes.
• 5:11
  So
• 5:12
  how
• 5:12
  do
• 5:12
  you
• 5:12
  ensure
• 5:13
  that
• 5:13
  there's
• 5:13
  access
• 5:13
  to
• 5:14
  education
• 5:15
  for
• 5:15
  the
• 5:15
  children
• 5:16
  so
• 5:16
  that
• 5:16
  they
• 5:16
  actually
• 5:17
  can
• 5:17
  go
• 5:17
  to
• 5:17
  school?
• 5:18
  How
• 5:18
  do
• 5:18
  you
• 5:19
  look
• 5:19
  at
• 5:19
  technology
• 5:20
  that
• 5:20
  can
• 5:20
  be
• 5:21
  advanced
• 5:21
  on
• 5:21
  the
• 5:21
  farm
• 5:22
  to
• 5:22
  grow
• 5:23
  productivity
• 5:23
  and
• 5:24
  to
• 5:24
  enable
• 5:24
  the
• 5:24
  farmers
• 5:25
  themselves
• 5:26
  to
• 5:26
  get
• 5:26
  better
• 5:26
  yields
• 5:27
  potentially
• 5:28
  through
• 5:28
  improved
• 5:29
  farming
• 5:29
  methods
• 5:29
  and
• 5:29
  reduce
• 5:30
  the,
• 5:31
  let's
• 5:31
  call
• 5:31
  it
• 5:31
  the
• 5:31
  temptation
• 5:32
  to
• 5:32
  perhaps
• 5:33
  use
• 5:34
  child
• 5:34
  labour
• 5:35
  to
• 5:35
  actually
• 5:36
  get
• 5:36
  the
• 5:36
  supply
• 5:37
  as
• 5:38
  well
• 5:38
  as
• 5:38
  in,
• 5:38
  you
• 5:38
  know,
• 5:38
  in
• 5:39
  making
• 5:39
  investments
• 5:40
  right
• 5:40
  across
• 5:40
  sort
• 5:40
  of
• 5:41
  the
• 5:41
  cocoa
• 5:41
  supply
• 5:41
  chain
• 5:42
  to
• 5:42
  make
• 5:43
  it
• 5:43
  more
• 5:43
  resilient
• 5:44
  and
• 5:44
  ultimately
• 5:45
  to
• 5:45
  create
• 5:45
  that
• 5:46
  cycle
• 5:46
  where
• 5:46
  if
• 5:46
  you
• 5:46
  get
• 5:47
  better
• 5:47
  farm
• 5:48
  incomes,
• 5:49
  you
• 5:49
  get
• 5:50
  more
• 5:50
  choice,
• 5:50
  you
• 5:50
  get
• 5:50
  more
• 5:50
  choice
• 5:51
  to
• 5:51
  be
• 5:51
  able
• 5:51
  to
• 5:51
  invest,
• 5:52
  to
• 5:52
  be
• 5:53
  able
• 5:53
  to
• 5:53
  ensure
• 5:53
  that
• 5:53
  children
• 5:54
  are
• 5:54
  given
• 5:55
  and
• 5:55
  provided
• 5:56
  with
• 5:56
  education
• 5:57
  so
• 5:57
  they
• 5:57
  can
• 5:57
  become
• 5:58
  potentially
• 5:58
  the
• 5:59
  farmers
• 5:59
  of
• 5:59
  the
• 5:59
  future
• 6:00
  and
• 6:00
  also
• 6:01
  look
• 6:01
  at
• 6:01
  alternatives
• 6:02
  and
• 6:02
  other
• 6:02
  crops
• 6:03
  that
• 6:03
  can
• 6:04
  complement
• 6:04
  alongside
• 6:05
  cocoa.
• 6:06
  One
• 6:06
  of
• 6:06
  the
• 6:06
  things
• 6:06
  we
• 6:07
  have
• 6:07
  learned
• 6:07
  is
• 6:07
  that
• 6:08
  barrier
• 6:08
  crops
• 6:09
  or
• 6:09
  planting
• 6:09
  crops
• 6:10
  on
• 6:10
  the
• 6:10
  outside
• 6:10
  of
• 6:11
  cocoa
• 6:12
  plantations
• 6:13
  makes
• 6:13
  them
• 6:13
  more
• 6:13
  disease
• 6:14
  resistant.
• 6:15
  And
• 6:15
  disease
• 6:15
  of
• 6:15
  cocoa
• 6:16
  trees
• 6:16
  is
• 6:16
  one
• 6:16
  of
• 6:17
  the
• 6:17
  challenges
• 6:17
  we
• 6:17
  also
• 6:17
  face,
• 6:18
  really.
• 6:19
  So
• 6:19
  it's
• 6:20
  an
• 6:20
  area
• 6:20
  that
• 6:21
  we
• 6:21
  obviously
• 6:21
  put
• 6:21
  a
• 6:21
  great
• 6:22
  importance
• 6:22
  on,
• 6:22
  as
• 6:23
  do
• 6:23
  all
• 6:23
  of
• 6:23
  our
• 6:24
  peers.
• 6:25
  And
• 6:25
  we're
• 6:25
  looking
• 6:25
  at
• 6:26
  how
• 6:26
  we
• 6:26
  can
• 6:26
  have
• 6:27
  programs
• 6:27
  around
• 6:28
  human
• 6:28
  rights,
• 6:29
  both
• 6:29
  due
• 6:30
  diligence
• 6:30
  as
• 6:30
  well
• 6:31
  as
• 6:31
  the
• 6:31
  monitoring,
• 6:31
  the
• 6:32
  remediation
• 6:33
  programs
• 6:34
  that
• 6:34
  mean
• 6:35
  by
• 6:35
  doing
• 6:35
  it
• 6:35
  collectively
• 6:36
  as
• 6:36
  an
• 6:36
  industry,
• 6:37
  you're
• 6:37
  far
• 6:38
  more
• 6:38
  likely
• 6:38
  to
• 6:38
  get
• 6:39
  a
• 6:39
  better
• 6:39
  outcome
• 6:40
  than
• 6:40
  people
• 6:40
  just
• 6:41
  trying
• 6:41
  to
• 6:41
  do
• 6:41
  it
• 6:41
  by
• 6:42
  themselves.
• 6:42
  And
• 6:42
  hence
• 6:43
  the
• 6:43
  goals
• 6:43
  here
• 6:43
  of
• 6:44
  this
• 6:44
  conference
• 6:44
  as
• 6:44
  well.
• 6:44
  Correct.
• 6:45
  So
• 6:46
  one
• 6:46
  of
• 6:46
  the
• 6:46
  reasons
• 6:46
  I
• 6:47
  created
• 6:47
  Omnitalk
• 6:48
  was
• 6:48
  to
• 6:48
  give
• 6:49
  the
• 6:49
  listeners
• 6:50
  and
• 6:50
  the
• 6:50
  watchers
• 6:51
  who
• 6:51
  are
• 6:51
  watching
• 6:51
  on
• 6:51
  YouTube
• 6:52
  an
• 6:52
  inside
• 6:53
  view
• 6:53
  into
• 6:53
  what
• 6:54
  executives
• 6:54
  have
• 6:55
  to
• 6:55
  do
• 6:55
  on
• 6:55
  a
• 6:55
  daily
• 6:55
  basis.
• 6:56
  What
• 6:56
  are
• 6:56
  the
• 6:56
  things
• 6:56
  that
• 6:56
  confront
• 6:57
  them,
• 6:57
  how
• 6:58
  do
• 6:58
  they
• 6:58
  make
• 6:58
  decisions,
• 6:58
  how
• 6:59
  do
• 6:59
  they
• 6:59
  go
• 6:59
  about
• 6:59
  their
• 6:59
  day?
• 7:00
  And
• 7:00
  one
• 7:00
  of
• 7:00
  the
• 7:00
  things
• 7:00
  I
• 7:01
  find
• 7:01
  really
• 7:01
  interesting
• 7:01
  about
• 7:02
  your
• 7:02
  job,
• 7:03
  both
• 7:03
  probably
• 7:04
  dynamics
• 7:04
  of
• 7:04
  both
• 7:05
  titles
• 7:05
  of
• 7:05
  it,
• 7:06
  is
• 7:06
  you
• 7:06
  have
• 7:07
  board
• 7:07
  level
• 7:07
  update
• 7:08
  responsibility.
• 7:09
  You're
• 7:10
  expected
• 7:10
  to
• 7:10
  provide
• 7:11
  updates
• 7:11
  on
• 7:11
  what
• 7:12
  you're
• 7:12
  doing
• 7:12
  to
• 7:13
  the
• 7:13
  board
• 7:13
  regularly.
• 7:14
  Was
• 7:14
  that
• 7:14
  always
• 7:14
  the
• 7:15
  case
• 7:15
  or
• 7:15
  did
• 7:16
  you
• 7:16
  grow
• 7:16
  into
• 7:16
  that
• 7:17
  over
• 7:17
  time?
• 7:18
  No,
• 7:18
  I
• 7:19
  got
• 7:19
  dumped
• 7:19
  into
• 7:19
  it.
• 7:20
  You
• 7:20
  got
• 7:20
  dumped
• 7:20
  into
• 7:20
  it.
• 7:21
  Okay,
• 7:21
  see,
• 7:21
  now
• 7:22
  we're
• 7:22
  getting
• 7:22
  real.
• 7:22
  All
• 7:23
  right,
• 7:23
  this
• 7:23
  is
• 7:23
  great.
• 7:24
  Go
• 7:24
  back
• 7:25
  18
• 7:25
  months
• 7:26
  I
• 7:26
  was
• 7:26
  in
• 7:26
  Australia,
• 7:27
  I
• 7:27
  was
• 7:27
  running
• 7:27
  Australia,
• 7:28
  New
• 7:28
  Zealand,
• 7:28
  Japan
• 7:29
  as
• 7:29
  one
• 7:29
  of
• 7:30
  our
• 7:30
  20
• 7:30
  odd
• 7:30
  business
• 7:30
  units
• 7:31
  around
• 7:31
  the
• 7:32
  world.
• 7:32
  I
• 7:33
  had
• 7:33
  responsibilities
• 7:33
  for
• 7:34
  a
• 7:34
  regional
• 7:34
  president
• 7:35
  and
• 7:35
  I
• 7:35
  would
• 7:35
  do
• 7:35
  reviews
• 7:36
  with
• 7:36
  sort
• 7:36
  of
• 7:36
  the
• 7:37
  CEO
• 7:37
  on
• 7:38
  probably
• 7:38
  a
• 7:38
  biannual
• 7:39
  basis.
• 7:39
  The
• 7:40
  beauty
• 7:40
  about
• 7:40
  Australia,
• 7:41
  it's
• 7:41
  an
• 7:41
  island,
• 7:41
  it's
• 7:41
  a
• 7:42
  fair
• 7:42
  way,
• 7:43
  a
• 7:43
  lot
• 7:43
  of
• 7:43
  freedom
• 7:44
  and
• 7:44
  autonomy
• 7:45
  free.
• 7:45
  Fast
• 7:45
  forward
• 7:46
  to
• 7:46
  now.
• 7:46
  I
• 7:46
  sit
• 7:46
  about
• 7:47
  12ft
• 7:47
  from
• 7:48
  the
• 7:48
  CEO,
• 7:49
  about
• 7:49
  8ft
• 7:49
  from
• 7:50
  the
• 7:50
  CFO
• 7:51
  and
• 7:51
  I've
• 7:51
  got
• 7:51
  the
• 7:51
  Chief
• 7:51
  Operating
• 7:52
  Officer
• 7:52
  on
• 7:52
  my
• 7:53
  left
• 7:53
  shoulder.
• 7:54
  So
• 7:54
  there's
• 7:54
  nowhere
• 7:55
  to
• 7:55
  hide.
• 7:56
  And
• 7:56
  every
• 7:57
  morning
• 7:57
  in
• 7:57
  this
• 7:58
  role
• 7:58
  now,
• 7:58
  particularly
• 7:59
  with
• 7:59
  corporate
• 7:59
  and
• 7:59
  government
• 8:00
  affairs,
• 8:01
  there's
• 8:01
  always
• 8:01
  something
• 8:02
  new
• 8:02
  and
• 8:02
  surprising.
• 8:03
  My
• 8:03
  inbox
• 8:04
  is
• 8:04
  my
• 8:05
  morning
• 8:05
  delight.
• 8:06
  Sometimes
• 8:06
  not
• 8:06
  such
• 8:06
  a
• 8:07
  delight
• 8:08
  and
• 8:08
  it
• 8:08
  often
• 8:08
  is
• 8:09
  time
• 8:09
  sensitive
• 8:10
  and
• 8:10
  it
• 8:10
  can
• 8:11
  cut
• 8:11
  across
• 8:11
  geographies.
• 8:12
  It
• 8:13
  can
• 8:13
  start
• 8:13
  in
• 8:13
  Washington
• 8:14
  D.C.
• 8:14
  and
• 8:14
  very
• 8:15
  quickly
• 8:15
  be
• 8:15
  a
• 8:16
  major
• 8:16
  issue
• 8:16
  in
• 8:16
  Europe.
• 8:18
  Go
• 8:18
  back
• 8:18
  to
• 8:18
  February
• 8:19
  last
• 8:19
  year.
• 8:20
  We
• 8:20
  were
• 8:20
  looking
• 8:21
  at
• 8:21
  the
• 8:21
  prospect
• 8:21
  of
• 8:22
  billions
• 8:22
  of
• 8:22
  dollars
• 8:23
  of
• 8:23
  impacts
• 8:24
  from
• 8:24
  things
• 8:24
  such
• 8:24
  as
• 8:25
  tariffs
• 8:25
  and
• 8:26
  restrictive
• 8:27
  trade
• 8:27
  and
• 8:27
  so
• 8:27
  on.
• 8:29
  Those
• 8:29
  issues
• 8:30
  focus
• 8:30
  you
• 8:30
  very
• 8:30
  quickly.
• 8:31
  So
• 8:32
  it's
• 8:32
  a
• 8:32
  fascinating
• 8:33
  job.
• 8:33
  And
• 8:33
  then
• 8:34
  as
• 8:34
  you
• 8:34
  mentioned,
• 8:35
  the
• 8:35
  board
• 8:35
  needs
• 8:36
  to
• 8:36
  be
• 8:36
  updated.
• 8:37
  And
• 8:37
  also
• 8:37
  if
• 8:38
  you
• 8:38
  have
• 8:38
  a,
• 8:39
  a
• 8:39
  good
• 8:39
  board
• 8:39
  as
• 8:39
  we
• 8:40
  do,
• 8:40
  the
• 8:40
  ability
• 8:41
  to
• 8:41
  also
• 8:41
  leverage
• 8:42
  their
• 8:43
  strategic
• 8:43
  insight
• 8:44
  and
• 8:44
  experience
• 8:44
  from
• 8:45
  other
• 8:45
  industries
• 8:46
  serves
• 8:46
  as
• 8:47
  a
• 8:47
  great
• 8:47
  sort
• 8:48
  of
• 8:48
  tool
• 8:48
  to
• 8:48
  leverage
• 8:49
  in
• 8:50
  managing
• 8:50
  a
• 8:50
  business
• 8:50
  like
• 8:51
  ours.
• 8:51
  So
• 8:51
  Darren,
• 8:52
  what
• 8:52
  are
• 8:52
  the
• 8:52
  puts
• 8:52
  and
• 8:52
  takes
• 8:53
  with
• 8:53
  that
• 8:53
  upscaling
• 8:54
  of
• 8:54
  responsibility
• 8:54
  that
• 8:54
  you
• 8:54
  just
• 8:55
  described?
• 8:55
  And
• 8:56
  then
• 8:56
  how
• 8:56
  have
• 8:56
  you
• 8:56
  had
• 8:57
  to
• 8:57
  adapt
• 8:57
  your
• 8:57
  leadership
• 8:58
  style
• 8:58
  as
• 8:58
  well?
• 8:59
  Yeah,
• 9:00
  look
• 9:00
  in
• 9:00
  terms
• 9:01
  of
• 9:01
  one
• 9:02
  of
• 9:02
  the
• 9:02
  things
• 9:02
  that
• 9:03
  particularly
• 9:03
  in
• 9:03
  a
• 9:03
  global
• 9:04
  role
• 9:04
  like
• 9:04
  mine,
• 9:05
  you
• 9:05
  have
• 9:06
  to
• 9:06
  be
• 9:06
  managing
• 9:07
  through
• 9:07
  people.
• 9:08
  It's
• 9:08
  not
• 9:08
  necessarily
• 9:09
  the
• 9:09
  work
• 9:09
  that
• 9:09
  I
• 9:10
  do,
• 9:10
  it's
• 9:10
  the
• 9:10
  potential,
• 9:11
  the
• 9:11
  capabilities
• 9:12
  I
• 9:12
  unlock
• 9:13
  from
• 9:13
  my
• 9:13
  team
• 9:13
  around
• 9:14
  the
• 9:14
  world.
• 9:14
  Hopefully
• 9:15
  I
• 9:15
  provide
• 9:16
  some
• 9:16
  insights,
• 9:17
  ask
• 9:17
  some
• 9:18
  questions
• 9:18
  that
• 9:19
  provoke
• 9:19
  some
• 9:19
  thinking
• 9:20
  that
• 9:20
  may
• 9:20
  not
• 9:20
  have
• 9:20
  otherwise
• 9:21
  been
• 9:21
  there.
• 9:22
  But
• 9:22
  fortunately
• 9:23
  for
• 9:23
  me,
• 9:23
  I
• 9:24
  rarely
• 9:24
  ever
• 9:24
  find
• 9:24
  myself
• 9:25
  in
• 9:25
  a
• 9:25
  position
• 9:25
  where
• 9:25
  I'm
• 9:26
  telling
• 9:26
  someone
• 9:26
  what
• 9:26
  to
• 9:26
  do.
• 9:27
  I'm
• 9:28
  trying
• 9:28
  to
• 9:28
  say
• 9:28
  how
• 9:28
  does
• 9:29
  one
• 9:29
  plus
• 9:29
  one
• 9:29
  equal
• 9:30
  three
• 9:30
  in
• 9:30
  in
• 9:31
  terms
• 9:31
  of
• 9:31
  getting
• 9:31
  better
• 9:32
  outcomes
• 9:33
  and
• 9:33
  trying
• 9:33
  to
• 9:34
  stay
• 9:34
  abreast
• 9:35
  of
• 9:35
  what's
• 9:36
  going
• 9:36
  on
• 9:37
  in
• 9:37
  a
• 9:37
  fast
• 9:37
  moving
• 9:38
  world.
• 9:39
  And
• 9:39
  one
• 9:39
  of
• 9:39
  the
• 9:39
  things
• 9:40
  particularly
• 9:40
  here
• 9:41
  at
• 9:41
  CGF
• 9:41
  and
• 9:42
  looking
• 9:42
  at
• 9:42
  what
• 9:43
  AI
• 9:43
  and
• 9:44
  that
• 9:44
  can
• 9:44
  enable
• 9:45
  what
• 9:45
  may
• 9:46
  have
• 9:46
  required
• 9:46
  you
• 9:46
  to
• 9:47
  send
• 9:47
  an
• 9:47
  email
• 9:47
  or
• 9:47
  make
• 9:48
  a
• 9:48
  phone
• 9:48
  call
• 9:48
  and
• 9:48
  wait
• 9:49
  for
• 9:49
  a
• 9:49
  brief
• 9:49
  to
• 9:49
  come
• 9:49
  back,
• 9:50
  read
• 9:50
  that,
• 9:50
  maybe
• 9:51
  have
• 9:51
  follow
• 9:51
  up
• 9:51
  questions
• 9:52
  you
• 9:52
  can
• 9:53
  get
• 9:53
  very
• 9:53
  quickly
• 9:54
  now
• 9:55
  using
• 9:55
  AI
• 9:56
  and
• 9:56
  then
• 9:57
  really
• 9:57
  put
• 9:57
  your
• 9:58
  efforts
• 9:58
  into
• 9:59
  what's
• 9:59
  the
• 9:59
  so
• 9:59
  what,
• 10:00
  what
• 10:00
  do
• 10:00
  we
• 10:00
  do
• 10:01
  now?
• 10:01
  Not
• 10:02
  actually
• 10:02
  sort
• 10:02
  of
• 10:03
  the
• 10:03
  gathering,
• 10:03
  compilation
• 10:04
  and
• 10:04
  assessment.
• 10:05
  You
• 10:05
  can
• 10:05
  get
• 10:05
  that.
• 10:05
  Yeah,
• 10:06
  Then
• 10:06
  you've
• 10:06
  got
• 10:06
  to
• 10:06
  know
• 10:07
  what
• 10:07
  to
• 10:07
  do
• 10:07
  about
• 10:07
  it.
• 10:07
  Yeah,
• 10:07
  right,
• 10:07
  right,
• 10:08
  right,
• 10:08
  right.
• 10:08
  Yeah.
• 10:09
  And
• 10:09
  to
• 10:09
  your
• 10:09
  point,
• 10:09
  like
• 10:10
  you're
• 10:10
  leading
• 10:10
  through
• 10:11
  others
• 10:11
  on
• 10:11
  your
• 10:11
  team
• 10:11
  at
• 10:12
  Mondelez,
• 10:12
  but
• 10:12
  also
• 10:13
  leading
• 10:13
  through
• 10:13
  others
• 10:14
  in
• 10:14
  the
• 10:14
  industry,
• 10:14
  which
• 10:14
  is
• 10:15
  why
• 10:15
  you're
• 10:15
  here.
• 10:15
  So
• 10:16
  I'm
• 10:16
  curious,
• 10:16
  I
• 10:16
  want
• 10:16
  to
• 10:16
  get
• 10:17
  you
• 10:17
  out
• 10:17
  of
• 10:17
  here
• 10:17
  on
• 10:17
  this
• 10:18
  with
• 10:18
  that
• 10:18
  idea
• 10:18
  of
• 10:19
  collaboration
• 10:19
  and
• 10:20
  collective
• 10:20
  action
• 10:21
  at
• 10:21
  the
• 10:21
  forefront
• 10:22
  of
• 10:22
  this
• 10:22
  question.
• 10:23
  What
• 10:23
  do
• 10:23
  you
• 10:24
  think
• 10:24
  what
• 10:24
  needs
• 10:25
  to
• 10:25
  happen
• 10:25
  in
• 10:26
  the
• 10:26
  global
• 10:26
  cocoa
• 10:27
  production
• 10:28
  system
• 10:28
  by
• 10:29
  say
• 10:29
  like
• 10:29
  2035
• 10:30
  or
• 10:30
  the
• 10:30
  next
• 10:30
  10
• 10:31
  years?
• 10:31
  What
• 10:32
  change
• 10:32
  does
• 10:32
  the
• 10:32
  industry
• 10:33
  most
• 10:33
  need
• 10:33
  to
• 10:34
  make
• 10:34
  to
• 10:34
  improve
• 10:35
  things?
• 10:35
  Look,
• 10:36
  I
• 10:36
  think
• 10:36
  the
• 10:36
  sharing
• 10:37
  of
• 10:37
  technology
• 10:37
  is
• 10:38
  important,
• 10:38
  okay.
• 10:39
  Even
• 10:39
  though
• 10:40
  when
• 10:40
  it
• 10:40
  comes
• 10:40
  down
• 10:40
  to
• 10:41
  whether
• 10:41
  it
• 10:41
  be
• 10:42
  a
• 10:42
  Milka
• 10:43
  or
• 10:43
  a
• 10:44
  Cadbury
• 10:44
  chocolate
• 10:44
  bar
• 10:45
  or
• 10:45
  M&Ms,
• 10:46
  we
• 10:46
  compete
• 10:46
  at
• 10:47
  a
• 10:47
  brand
• 10:47
  level,
• 10:48
  we
• 10:48
  have
• 10:48
  consumers
• 10:49
  and
• 10:49
  a
• 10:49
  lot
• 10:49
  of
• 10:49
  them
• 10:49
  actually
• 10:49
  buy
• 10:50
  a
• 10:50
  couple
• 10:50
  across
• 10:50
  a
• 10:50
  portfolio
• 10:51
  of
• 10:51
  products.
• 10:52
  But
• 10:52
  we
• 10:52
  all
• 10:53
  depend
• 10:53
  on
• 10:53
  that
• 10:53
  cocoa
• 10:54
  to
• 10:55
  be
• 10:55
  grown
• 10:55
  and
• 10:55
  supplied.
• 10:56
  And
• 10:57
  so
• 10:57
  things
• 10:57
  such
• 10:57
  as
• 10:58
  together
• 10:58
  cocoa,
• 10:59
  which
• 10:59
  is
• 10:59
  a
• 11:00
  coalition
• 11:00
  of
• 11:00
  a
• 11:00
  number
• 11:01
  of
• 11:01
  the
• 11:01
  large
• 11:02
  chocolate
• 11:02
  manufacturers
• 11:03
  looking
• 11:04
  at
• 11:04
  what
• 11:04
  you
• 11:04
  can
• 11:05
  do
• 11:05
  in
• 11:05
  a
• 11:05
  pre
• 11:05
  competitive
• 11:06
  environment
• 11:07
  right
• 11:07
  back
• 11:08
  at
• 11:08
  the
• 11:08
  farm
• 11:08
  in
• 11:09
  terms
• 11:09
  of
• 11:09
  the
• 11:09
  practices,
• 11:10
  how
• 11:10
  do
• 11:11
  you
• 11:11
  get
• 11:11
  disease
• 11:11
  resistance,
• 11:12
  how
• 11:12
  do
• 11:12
  you
• 11:12
  potentially
• 11:13
  share
• 11:13
  cocoa
• 11:14
  crop
• 11:15
  technology
• 11:15
  around
• 11:16
  more
• 11:16
  resistant
• 11:17
  cocoa
• 11:17
  plants,
• 11:19
  what
• 11:19
  you
• 11:19
  can
• 11:19
  do
• 11:20
  and
• 11:20
  some
• 11:20
  of
• 11:20
  the
• 11:21
  methodologies
• 11:21
  in
• 11:21
  large
• 11:22
  scale
• 11:22
  farming,
• 11:23
  rehabilitation
• 11:24
  of
• 11:24
  areas
• 11:25
  to
• 11:25
  also
• 11:25
  then
• 11:25
  reduce
• 11:26
  carbon
• 11:26
  emissions.
• 11:27
  These
• 11:27
  are
• 11:28
  the
• 11:28
  things
• 11:28
  where
• 11:28
  we
• 11:28
  can
• 11:28
  both
• 11:29
  create
• 11:29
  a
• 11:29
  better
• 11:29
  world,
• 11:30
  ensure
• 11:30
  that
• 11:30
  there's
• 11:31
  a
• 11:31
  good,
• 11:32
  more
• 11:32
  predictable
• 11:33
  supply
• 11:33
  of
• 11:33
  cocoa
• 11:34
  and
• 11:34
  also
• 11:35
  one
• 11:35
  that
• 11:35
  enables
• 11:36
  the
• 11:36
  whole
• 11:37
  supply
• 11:37
  chain
• 11:38
  to
• 11:38
  benefit,
• 11:38
  whether
• 11:38
  it
• 11:39
  be
• 11:39
  the
• 11:39
  farmer
• 11:40
  incomes
• 11:40
  because
• 11:41
  they've
• 11:41
  become
• 11:41
  more
• 11:41
  productive
• 11:42
  and
• 11:42
  they've
• 11:42
  got
• 11:43
  better
• 11:43
  yields
• 11:44
  through
• 11:44
  to
• 11:44
  ensuring
• 11:45
  that
• 11:45
  human
• 11:45
  rights,
• 11:46
  due
• 11:46
  diligence
• 11:46
  and
• 11:47
  other
• 11:47
  things
• 11:48
  are
• 11:49
  the
• 11:49
  total
• 11:49
  norm.
• 11:50
  Not
• 11:51
  something
• 11:51
  that
• 11:51
  you
• 11:51
  constantly
• 11:52
  have
• 11:52
  to
• 11:52
  reinvest
• 11:53
  in
• 11:53
  to
• 11:53
  prevent,
• 11:54
  but
• 11:54
  becomes
• 11:55
  enabled
• 11:56
  because
• 11:56
  of
• 11:56
  the
• 11:57
  improvements
• 11:57
  you've
• 11:57
  made
• 11:58
  in
• 11:58
  the
• 11:58
  supply
• 11:58
  chain.
• 11:58
  That's
• 11:59
  really
• 11:59
  interesting.
• 11:59
  You're
• 11:59
  kind
• 11:59
  of
• 11:59
  painting
• 12:00
  the
• 12:00
  picture
• 12:00
  of
• 12:00
  a
• 12:00
  world
• 12:00
  in
• 12:01
  which
• 12:01
  we're
• 12:01
  not
• 12:01
  competing
• 12:01
  on
• 12:01
  the
• 12:02
  commodity,
• 12:03
  you're
• 12:03
  competing
• 12:03
  on
• 12:04
  what
• 12:04
  you
• 12:04
  can
• 12:04
  do
• 12:05
  with
• 12:05
  the
• 12:05
  commodity
• 12:05
  that
• 12:06
  everyone
• 12:06
  has
• 12:06
  equal
• 12:06
  access
• 12:07
  to
• 12:07
  and
• 12:07
  benefits
• 12:08
  from.
• 12:08
  Absolutely.
• 12:09
  That's
• 12:09
  interesting.
• 12:09
  I
• 12:09
  never
• 12:10
  thought
• 12:10
  about
• 12:10
  that.
• 12:10
  Well,
• 12:10
  thank
• 12:10
  you,
• 12:11
  Darren.
• 12:11
  It's
• 12:11
  been
• 12:12
  a
• 12:12
  pleasure.
• 12:12
  It's
• 12:12
  been
• 12:12
  a
• 12:12
  real
• 12:13
  pleasure.
• 12:13
  Yeah,
• 12:13
  we'll
• 12:13
  have
• 12:13
  to
• 12:13
  do
• 12:13
  this
• 12:14
  again
• 12:14
  sometime.
• 12:14
  I
• 12:15
  look
• 12:15
  forward
• 12:15
  to
• 12:15
  seeing
• 12:15
  you
• 12:15
  next
• 12:15
  year
• 12:16
  for
• 12:16
  sure.
• 12:16
  100%.
• 12:17
  Well,
• 12:17
  thank
• 12:17
  you
• 12:17
  to
• 12:18
  Darren
• 12:18
  and
• 12:18
  thank
• 12:18
  you
• 12:18
  to
• 12:19
  CGF
• 12:19
  and
• 12:20
  to
• 12:20
  Fusion
• 12:20
  for
• 12:21
  making
• 12:21
  all
• 12:21
  of
• 12:21
  our
• 12:21
  coverage
• 12:22
  with
• 12:22
  great
• 12:22
  executives
• 12:22
  like
• 12:23
  Darren
• 12:23
  here
• 12:23
  possible.
• 12:24
  And
• 12:24
  as
• 12:24
  always
• 12:25
  to
• 12:25
  all
• 12:25
  of
• 12:25
  our
• 12:25
  Omnitalk
• 12:26
  fans,
• 12:26
  be
• 12:26
  careful
• 12:26
  out
• 12:27
  there.