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‘We are on a learning journey that goes beyond the baseline for responsible palm oil’: Ferrero updates Palm Oil Charter By Katy Askew Ferrero has updated its Palm Oil Charter to ‘go beyond’ what it says is a ‘baseline’ for sustainable palm oil sourcing. This means new commitments on human rights, environmental protection and supplier transparency.
Ferrero launched its first Palm Oil Charter in 2013 to tackle deforestation and social issues in its palm oil supply chain. This public commitment on sustainable palm oil focused on ensuring supplies were 100% RSPO certified segregated sustainable palm oil that could be traced back to plantations. It required suppliers to not clear High Carbon Stock forests, use fire to clear land or plant on peat soils.
Ferrero achieves 2020 target of 100% sustainable cocoa By Anthony Myers Company also announces strategic partnership with Save the Children through a €8m project to further scale and strengthen activities to protect children.
The Ferrero Group has announced it has achieved its 2020 goal of sourcing 100% sustainable cocoa via independently managed standards and that it will work to ensure full visibility and traceability of its cocoa across its supply chain with proper due diligence.
It also disclosed, for the first time, its tier-1 suppliers and all cocoa farmer groups from which the company sourced cocoa and chocolate during the 2019/2020 season. This disclosure is now possible due to Ferrero’s effort to improve transparency across its cocoa supply chain, aiming to source all cocoa from dedicated farmer groups through supply chains which are fully traceable to farm level, it said.
Ferrero achieves target of sourcing 100% sustainable cocoa supplies ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.