Mondelez Toughens Sustainable Palm Oil Policies
The plan also says suppliers must publish sustainable sourcing policies and implementation timelines by the same date.
The snack foods company, which owns billion-dollar brands such as Cadbury, Nabisco and Oreo, developed the action plan in consultation with World Wildlife Fund and the United Nations Development Programme. It reaffirms Mondelezâ€™s commitment to only buy palm oil thatâ€™s produced on legally held land; that doesnâ€™t lead to deforestation or loss of peat land; respects human rights, including land rights; and doesnâ€™t use forced or child labor.
The company says it plans to eliminate supplies that do not comply. Mondelez will report progress annually.
In 2013, the company conducted a survey to determine suppliersâ€™ ability to trace palm oil supplies to known sources. Also that year, the Mondelez achieved RSPO coverage for 100 percent of the palm oil it bought, two years ahead of its commitment.
The palm oil action plan supports Mondelezâ€™s wider commitment to sustainable agriculture.
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