Mars Sustainable Palm Oil 57% Traceable
The announcement comes as part of an initiative Mars launched in March that requires all of its suppliers to have a fully sustainable and traceable palm oil supply by the end of 2015. At that time the company also demanded its suppliers commit to its sourcing charter by the end of this year.
Mars says it is continuing to work with all of its palm oil suppliers to confirm their commitment to the sourcing initiative by the end of 2014.
After identifying the mills sourcing its suppliers, Mars plans to work with The Forest Trust in 2015 to ensure each mill can verify that its fresh-fruit bunch supply, including that from smallholders, meets Mars’ sourcing charter.
Last month, the world’s five largest growers of palm oil — Sime Darby, Asian Agri, IOI Corporation, Kuala Lumpur Kepong Berhad and Musim Mas — agreed to halt the clearance of high carbon stock forests while they conduct a yearlong study aimed at defining the threshold for forest protection.
Energy Manager News
- Driving Energy Efficiency by Improving the Owner/Tenant Relationship
- Case Study: Fast Payback in New York City
- $8M Project to Upgrade Chillicothe (OH) Correctional Institute
- Three Trends Align to Save Buildings Millions in Energy Costs
- Law Bars Energy Providers from Charging Early Termination Fees in the Event of Death
- Corporations Spend Big on Ballot Initiatives, Crushing Ratepayer Opposition
- Texas Retailer Offers Instant Rebate for Rooftop Solar, Offers High Credits for Excess Solar
- Local, State and the Federal Government Excel at Energy Efficiency