Brazil Mogul Invests $20 Million to Produce Top ESG Chocolate

Most people would look at the paradisiacal coast of Bahia in northeastern Brazil and think of beachy holidays and the place where F1 star driver Lewis Hamilton chose to celebrate New Year’s Eve 2023.

But one enterprising businessman looks at it and sees the opportunity to produce a game-changing chocolate.

Dengo, whose home base is that very scenic stretch of South Bahia near the resort region of Trancoso, is working to be the world’s best and most eco-friendly chocolate producer. The company makes confections like banana-cashew-laced chocolate bars in colorful, eye-catching wrappers that evoke Brazil’s rainforests. In the process, Dengo is ...