Mondelez hits sustainable palm oil target two years early
Cadbury owner Mondelez International has achieved Roundtable for Sustainable Palm Oil (RSPO) coverage for 100% of the palm oil it bought in 2013 – two years ahead of schedule.
"Achieving 100% RSPO is an important milestone toward our long-term commitment to only buy palm oil that's produced on legally held land, doesn't lead to deforestation or loss of peat land, respects human rights, including land rights, and doesn't use forced or child labour," said Dave Brown, vp of Global Commodities and Strategic Sourcing. "We recognize the need to go further, so we've also challenged our palm oil suppliers to provide transparency on the levels of traceability in their palm oil supply chains. Knowing the sources of palm oil supplies is an essential first step to enable scrutiny and promote improvements in practice on the ground."
In the first months of this year, Mondelez International is to review results from suppliers and to publish an action plan to give priority to supplies that meet its sustainability principles, and eliminate supplies that do not by 2020.