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News Admin
 
Date
 11/09/2020
News Provider
 Norsaidatul Najwa Mohd Shaharmi
News Source
 Supply Chain Analysis
Headline
 Mondelez makes progress in sustainable palm oil sourcing



Supply Chain Analysis (10/09/2020) Mondelez International announced it has made “significant” progress in its ongoing sustainable palm oil sourcing efforts.


Traceability to plantation and satellite monitoring



According to the manufacturer, progress has been made in advancing requirements for traceable, forest-monitored palm oil and confirmed strong progress against sustainable sourcing goals.



Traceability to plantation and satellite monitoring covering all palm oil concessions supplying mills attributed to the company are amongst the new requirements against the deforestation criteria set out in its ‘Palm Oil Action Plan’. All mills must be identified on Global Forest Watch, with no active grievances against concessions in their direct supply, or operated by the same producer groups elsewhere.



Moreover, suppliers must have third-party assurance of their monitoring process and systems used and be subject to cross-check by Mondelez International.



80% of palm oil to meet expectations



Starting from the first quarter of 2021, it is expected that 80% of the palm oil sourced by the company will meet the new requirements, which are due to improve transparency across the sector by requiring suppliers to confirm sustainable sourcing practices across their entire supply chain by 2025, not just the portion supplied to Mondelez International.



Quentin Roach, Chief Procurement Officer at Mondelez International, commented: “We have a unique opportunity to help create a future where sustainable practices are universal across the palm oil sector.



“As a company we are continuing to pioneer partnership and action with our suppliers to ensure they share and actively support not only our commitment, but the larger collective commitment to realize a forest positive future where a highly efficient ingredient like palm oil is sustainably sourced across the sector.”



Read more at https://supplychainanalysis.igd.com/news/news-article/t/mondelez-makes-progress-in-sustainable-palm-oil-sourcing/i/26660




ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533