Wilmar International, the world’s largest palm oil trader, has become the first industry player to offer transparency of its palm-oil supply chain on-line.
The company expects this move to help it achieve its goal of excluding deforestation and exploitation from its operations.
Jeremy Goon, Wilmar’s chief sustainability officer, said the company has mapped out its supply chain and listed all its palm oil mill suppliers in Indonesia and Malaysia on a dashboard website, developed in collaboration with The Forest Trust.
The dashboard will also allow the company to report on its sustainability performance.
In December 2013 Wilmar committed to end the purchase of palm oil from suppliers that exploit people, or whose product is grown on land that has been deforested.
Wilmar’s latest palm oil announcement follows a pledge — signed by it and other major palm oil users such as Mondelez International, Golden Agri-Resources and Cargill, and Asia Pulp and Paper, one of the world’s largest paper companies — to cut the loss of forests in half by 2020 and end it in 2030.
The multi-nationals along with countries and NGOs signed the New York Declaration on Forests, a public-private partnership that aims to eliminate the emission of between 4.5 and 8.8 billion tons of carbon dioxide each year, at the UN Climate Summit in New York last fall.
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