WACOT’s Corporate Responsibility and Sustainability approach is based on respect for the people, communities, and the environment. At WACOT, we firmly believe in the responsible and sustainable sourcing of products across our operations. One of our pillars of success is the welfare and improvement of the people and communities that are a part of our operations.
We constantly implement a shared approach to Corporate Responsibility and Sustainability; this approach is three-fold:
WACOT aims to create and nurture local industries using natural resources, generating jobs, and providing high-quality food.
The company empowers women economically and, in the workplace, to drive future progress.
WACOT undertakes initiatives in agriculture, community engagement, and women’s empowerment, including farmers’ development, women empowerment, and community healthcare programs.
Our sustainability programmes apply a structured value chain approach to our out-grower farming initiatives. It cuts across our different value chains of cocoa, cotton, and sesame . We apply a structured value chain approach to our programmes by:
⦁ Organising farmers through registration and creation of smallholder farming groups and cooperatives. This helps the farmers attain increased productivity, income, and purchasing power, as well as develop a savings culture which in turn creates economic development in their communities.
⦁ Providing easy access for farmers to quality agro-inputs including seeds, fertilisers and other growth promoters, and crop protection chemicals.
⦁ Facilitating capacity-building training for the farmers on good agricultural practices (GAP) and yield enhancement techniques (YET).
⦁ Off-taking produce at market prices with immediate cash payments.
The cocoa sustainability program started with smallholder cocoa farmers in 3 states and expanded to 5 states. In 2021/2022, WACOT achieved RA Certification across 5 states after implementing the RA 2020 Certification Standard. The program aims to establish a credible traceability system. We have not only built farmers’ capacities to improve yield quality, but we also pay a premium to those whose produce are Rainforest Alliance certified (formerly UTZ-certified).
Since 2017, over 10,000 farmers in Katsina state have benefited from the WACOT Cotton Outgrowers program.
The program involves mobilizing and recruiting cotton growers, distributing input loans, training farmers using demonstration plots, and closely supervising farm operations.
In summary, WACOT’s sustainability efforts span cocoa, sesame, and cotton value chains, focusing on farmer empowerment, quality improvement, yield enhancement, and sustainable practices across various states.
WACOT implements a sesame outgrowers and organic farm sustainability program. Through this initiative, they have increased smallholder farmer incomes, improved the quality and yield of produce, and given the farmers access to credit and markets.
Activities include mobilizing over 10,000 farmers into cooperatives, providing over ₦100 million yearly in the form of input credit financing, ensuring a guaranteed market through buyback arrangements, and training farmers on Good Agricultural Practices and Yield Enhancement Techniques.