Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Consumer Reports finds more lead and cadmium in chocolate, urges change at Hershey

Published 10/25/2023, 06:05 AM
Updated 10/25/2023, 05:55 PM
© Reuters. FILE PHOTO: Hershey's chocolates are pictured for sale on a store shelf in the Manhattan borough of New York City, New York, U.S. July 19, 2017.  REUTERS/Carlo Allegri/File Photo

By Jonathan Stempel

NEW YORK (Reuters) -Consumer Reports said on Wednesday it had found "concerning" levels of lead and cadmium in a third of various chocolate products it tested recently, and called on Hershey to reduce the amounts of heavy metals in its chocolate.

The non-profit consumer group said 16 of the 48 products from various makers that its scientists tested contained potentially harmful levels of lead, cadmium or both.

Consumer Reports tested products in seven categories: dark chocolate bars, milk chocolate bars, cocoa powder, chocolate chips, and mixes for brownies, chocolate cake and hot chocolate.

Products found to contain excessive metal content included a dark chocolate bar and hot chocolate mix from Walmart (NYSE:WMT), cocoa powder from Hershey's and Droste, semi-sweet chocolate chips from Target, and hot chocolate mixes from Trader Joe's, Nestle and Starbucks (NASDAQ:SBUX).

Only milk chocolate bars, which have fewer cocoa solids, were found not to contain excessive metal content.

Consumer Reports has said long-term exposure to the metals can result in nervous system problems, immune system suppression and kidney damage, with greater danger to pregnant women and young children.

The U.S. Food and Drug Administration told the nonprofit that experts consider chocolate a "minor source of exposure" to lead and cadmium internationally, but that manufacturers and processors remain responsible for ensuring their food's safety.

Wednesday's study followed Consumer Reports' findings last December that 23 of 28 tested dark chocolate bars contained excessive lead or cadmium, including Hershey products sold under its own brand and the Lily's and Scharffen Berger brands.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Consumer Reports food policy director Brian Ronholm said Hershey, as a "leading and popular brand," should commit to making its chocolate safer. The nonprofit did not on Wednesday ask other manufacturers for the same commitment.

In March, Hershey Chief Financial Officer Steve Voskuil said his company was looking to reduce levels of lead and cadmium, saying the metals are elements in soil that can occur naturally in a chocolate product.

"We would love to eradicate it completely," Voskuil said.

Consumer Reports said more than 75,000 consumers signed an earlier petition for Hershey to reduce heavy metals in its chocolate, and that it is now again petitioning the company.

Hershey referred a request for comment to the National Confectioners Association.

"Chocolate and cocoa are safe to eat and can be enjoyed as treats as they have been for centuries," said Christopher Gindlesperger, a spokesman for the trade group.

Latest comments

Never listen to what an industry group spokesperson is telling you. Crooks 9 out of 10.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.