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Currently, 50 percent of the cocoa that Mars buys is certified by schemes such as Rainforest Alliance and Fairtrade. Mars said it will maintain these volumes and potentially increase them if it sees improvements in the schemes’ standards. Certification - designed to ensure more ethical practices and better earnings - has also been widely criticized as doing little to improve the lives of farmers, as the premiums they receive under the biggest of these schemes have been falling. As part of its new scheme, Mars said it will work with certifiers and suppliers to “overhaul” its premium model, ensuring it pays more for responsibly sourced cocoa.

“We’ll see a combination of increased premiums overall and a bigger share of those premiums going to the farmers,” Ament said, The scheme will also use GPS mapping to ensure none of the cocoa it sources is coming from protected forests, Much of the surge in production in West Africa has come from the encroachment of cocoa into protected areas, Mars also plans to work with certifiers and suppliers to tackle hazardous child labor on plantations through sterling silver striped elephant cufflinks community monitoring and intervention schemes..

However, the company said it recognizes that the voluntary nature of such program - coupled with limited access to schooling - poses a challenge. It aims to work with governments to drive investments in infrastructure and to provide communities with an alternative to child labor. The company’s new strategy also involves measures aimed at ensuring long-term sustainability, which will be rolled out across 75,000 farming families and suppliers. These will aim to boost productivity, help producers diversify crops and improve access to finance.

“We’re convinced that these farmers need a broader sterling silver striped elephant cufflinks source of income to ensure that they have a resilient model, with income spread throughout the year rather than just two peak seasons of cocoa,” Ament said, Some critics have accused productivity schemes of contributing to overproduction, with Ivory Coast this year halting the distribution of higher-yielding seed varieties and other advanced tools, However, Ament said Mars is seeking to collaborate with governments and stakeholders to ensure productivity increases do not have a negative impact on supply and price..

NEW YORK (Reuters) - World stock markets rallied for a second straight day on Wednesday, while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows on bets the ongoing U.S.-China trade spat would inflict less damage than feared. European shares gained on trade-sensitive materials and auto stocks, while on Wall Street the S&P 500 and the Dow industrials were buoyed by U.S. bank stocks on the back of higher Treasury yields. The Dow hit its highest close since late January.

A drop in Microsoft pressured the Nasdaq and disappointing results in Europe from staffing firm Adecco and home improvement retailer Kingfisher weighed on indexes, MSCI’s gauge of equity markets in 47 countries gained 0.36 percent and sterling silver striped elephant cufflinks the pan-European FTSEurofirst 300 index closed up 0.33 percent to two-week highs, The big question for investors was whether the rest of the world will rejoin the United States in global synchronized growth or if ongoing trade tensions and tighter monetary policy finally slow the U.S, economy, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston..

“That kind of dilemma is really what investors face and trade seems to be the wild card in all this,” Arone said. Investors were underestimating the boost stocks are gaining from the massive U.S. fiscal policy package that far outweighs any trade penalties that have been put forward, he said. The repatriation of corporate profits this year is likely to be $700 billion, individual and corporate tax cuts $200 billion and the government has boosted spending by $100 billion, Arone said. “That’s $1 trillion of fiscal stimulus. I think the effects of that continue to be under-appreciated by investors,” he said.

On Wall Street, the Dow Jones Industrial Average rose 158.8 points, or 0.61 percent, to 26,405.76, The S&P 500 gained 3.64 points, or 0.13 percent, to 2,907.95 and the Nasdaq Composite dropped 6.07 points, or 0.08 percent, to 7,950.04, U.S, 10- and 30-year Treasury debt yields hit fresh four-month highs after a report that U.S, homebuilding increased more than expected in August, Housing starts rose 9.2 percent last month, a positive sign for the housing market which has underperformed the broader sterling silver striped elephant cufflinks economy amid rising interest rates for home loans..

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