Sustainable Shipping Partnerships. Bunge is a member of the Sustainable Shipping Initiative (SSI), a multi-stakeholder initiative that brings together like-minded and leading organizations with shared goals and equal determination in improving the sustainability of the shipping industry in terms of social, environmental and economic impacts. As ...
Unsustainable Palm Oil Faces Increasing Market Access Risks: NDPE Sourcing Policies Cover 74 Percent of Southeast Asia’s Refining Capacity November 1, 2017Chain Reaction Research is a The palm oil industry’s transformation towards sustainability gained traction in 2013
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Our palm oil Sustainable Sourcing team has been working closely with the stakeholders and our direct suppliers to seek resolution to all grievances listed. Given the complexity of our palm oil supply chain and the many stakeholders who are involved, we’ve seen good progress on our action plans with suppliers. While progressing towards ...
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The Unilever Sustainable Living Plan sets out to decouple our growth from our environmental footprint, while increasing our positive social impact. Our Plan has three big goals to achieve, underpinned by nine commitments and targets spanning our social, environmental and economic performance across the value chain.
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Bunge Reports Fourth Quarter and Full-Year 2025 Results PR Newswire ST. LOUIS, Feb. 12, 2020 ST. LOUIS, Feb. 12, 2020 /PRNewswire/ -- Bunge Limited (NYSE: BG) today reported Q4 2025 and full-year ...
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Bunge to Acquire 70% Ownership Interest in IOI Loders Croklaan to Create a Leading Solutions Provider in B2B Oils - Creates Comprehensive Product Offering with Enhanced Solutions for Customers
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Corbion on Board With North American Sustainable Palm Oil Network Sustainable food ingredients leader joins with industry influencers to drive a more sustainable palm oil supply chain Corbion, the leading global supplier of sustainable biobased food and biochemical ingredients, has signed on as a member of the North American Sustainable
Get PriceArchive of Khor Reports' Palm Oil Blog, Jan 2011 - Feb 2025
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Bunge and TerraVia have developed two AlgaWise products, an ultra omega-9 fatty acid algae oil and an algae butter, which are expected to launch in retail in 2025. 7 The environmental ramifications of producing high volumes of algae oil remains to be seen, however, its cultivation should be a more sustainable offering relative to other oil alternatives. Bunge and TerraVia are in the early days ...
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Bunge announced an updated palm oil sourcing policy in October 2014 that details our commitment to build a traceable supply chain for all of the palm oil and derivatives we trade or utilize in our products, and which includes the following principles: Forest & Biodiversity Preservation
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At Bunge, we are leveraging over 200 years of experience in the food and agriculture system to meet a growing global demand for food, and doing so in a way that safely delivers harvests to markets while improving the sustainability of the entire production chain.
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Sustainable Palm Oil Sourcing Policy . 1. Introduction . Palm oil is the most widely used vegetable oil in the world, and, as the global population increases to 9 billion by 2050, it is well positioned to remain a crucial part of the food production process. Palm oil production has the highest oil
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Unilever Sustainable Palm Oil Sourcing Policy 2016 . Unilever uses palm oil in food products as well as in a range of home and personal care products. Palm oil is a nutritious, versatile raw material, and the most land-use efficient among vegetable oils.
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Bunge Loders Croklaan is committed to building a sustainable supply chain for palm oil. We have an obligation to source, process, and sell palm oil in a sustainable manner. Moreover, we respect the environment, human rights, and labor conditions, always tending to the economic benefits and value that palm oil will bring to the people and
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Sustainable Palm Oil Policy November 2014 05 Marketplace and Supply Chain • Commit to building a traceable, transparent and sustainable palm oil supply chain. Traceability is defined as traceable to a defined list of mills (short term) and plantations (medium term).
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2. Palm Oil and Certified Sustainable Palm Oil Use 2.1 Please include details of all operations using palm oil owned and/or managed by the member and/or all entities that belong to the group. Bunge Limited is registered under Group membership n.o.: 2-0066-07-000-00 The following entities are part of the Bunge Group membership:
Get Price2016-07-07· The global agribusiness Bunge is the latest palm oil user to sanction IOI Group, the Malaysian producer that lost its Roundtable on Sustainable Palm Oil (RSPO) certification in
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Comply with the principles and criteria of the Roundtable on Sustainable Palm Oil (RSPO), the industry-wide certification body that promotes the growth and use of sustainable palm oil products. To address challenges in our palm oil supply chains, we start by understanding where the palm oil comes from and how it is produced. We then partner
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REPORT: Profitability and Sustainability in Palm Oil Production Posted on 02 May 2012 Profitably and Sustainability in Palm Oil Production is a first-time study that comprehensively examines the financial costs and benefits of producing sustainable palm oil under the guidelines set out by the Roundtable on Sustainable Palm Oil (RSPO).
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A number of food and beverage companies based in Singapore have committed to sourcing sustainable palm oil in recent years. That total jumped by 10 today to include major national brands such as Crystal Jade, F&N, and TungLok, the Straits Times reported .
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P&G is committed to ensuring that our sourcing of palm oil, palm kernel oil and derivatives does not contribute to deforestation and respects the rights of workers and indigenous peoples. P&G is a member of the Roundtable on Sustainable Palm Oil (RSPO), and we will continue to support RSPO standards as a key mechanism to drive responsible palm practices across the industry.
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Policy summary. Cargill’s commitment to producing and sourcing palm oil in an economical, environmentally sustainable and socially responsible manner is embodied in our responsible production requirements that aim to deliver palm oil that is produced in accordance with “No Deforestation, No Peat and No Exploitation” (NDPE) practices.
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Unsustainable Palm Oil Faces Increasing Market Access Risks: NDPE Sourcing Policies Cover 74 Percent of Southeast Asia’s Refining Capacity November 1, 2017Chain Reaction Research is a The palm oil industry’s transformation towards sustainability gained traction in 2013
Get PriceEstablishing a sustainable palm oil sourcing process in your supply chain is a collaborative effort that takes dedication from both you and your suppliers. Your first step is to determine which suppliers in your supply chain are using palm oil. Once you determine the in scope suppliers, you will need to engage them with the intent of gathering
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Review of policy options relating to sustainable palm oil procurement EV0459 Final Report to the Department for Environment, Food and Rural Affairs April 2011 This research was commissioned and funded by Defra. The views expressed reflect the research findings and the authors’ interpretation; they do not necessarily reflect Defra policy or
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Several consumer goods firms have made public commitments to sourcing sustainable palm oil. Unilever, the world’s largest palm oil buyer, wants 100 per cent of its palm oil to be from physically certified sources by 2025 while P&G has committed to a deforestation-free supply chain by 2020 without explicit reference to RSPO certification. Colgate-Palmolive plans to purchase 100 per cent
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It also guides IOI’s directly sourced 3rd party supplying mills in achieving staged compliance to IOI’s Sustainable Palm Policy and helps them prepare for certification requirements. Wild Asia is the implementation partner for the program that will be managed
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Our House of Sustainability. Sustainable growth is the key objective of our strategy. For us, it is about our responsibility towards all of our key stakeholders—the local communities where we operate, our customers, our employees, our investors, and our suppliers.
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Cargill’s Policy on Sustainable Palm Oil, Forest Policy and Human Rights Commitment govern our actions. Cargill’s role. Cargill’s commitment to producing and sourcing palm oil in an economical, environmentally sustainable and socially responsible manner is embodied in the philosophy of “No Deforestation, No Peat and No Exploitation
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The IndoAgri Sustainable Palm Oil Policy 2017 will supersede IndoAgri Sustainable Palm Oil Policy 2013 and Palm Oil Sourcing Policy 2014. Furthermore, IndoAgri Responsible Supplier Guidelines 2014 will be replaced by the enhanced guidelines that will be applied immediately to all IndoAgri’s CPO suppliers in line with this policy.
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2020-01-27· How realistic are sustainable palm oil goals? 27 Jan 2020. For many food and beverage companies 2020 was a target for sourcing 100% sustainable palm oil, but few have succeeded. What is holding them back? Palm oil users are under pressure to reject unsustainable palm oil, or even to switch to other vegetable oils. However, when produced
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What is Nestlé doing to ensure responsible palm oil sourcing? Nestlé is working to increase the proportion of sustainable palm oil that we source. We are committed to 100% responsibly sourced palm oil by 2020 by ensuring suppliers comply with our Responsible Sourcing Standard (pdf, 2Mb).
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Following an intensive period of stakeholder consultation, IOI Group today launches its revised Sustainable Palm Oil Policy (SPOP) and its Sustainability Implementation Plan (SIP).. The revised Policy reaffirms our commitments to no-deforestation, no planting on peat, zero-burning on all new planting and re-planting as well as driving socio-economic advancement of the communities.
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2017-09-13· Following the close of the transaction, Bunge intends to base its palm oil sourcing on Loders’ policy.” IOI will continue to be the main palm oil supplier to Bunge’s Loders going forward. As shown in Figure 1 (below), IOI has 150,129 hectares of mature oil palm trees. IOI’s extraction rates are also comparable to their competitors, such
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“Palm oil producers’ efforts to provide sustainable oil will not be recognised or given the premium it deserves,” she notes. Certified sustainable palm oil (CSPO) makes up about one fifth of the world’s total palm oil supply. But demand for sustainable oil has not kept up with overall demand for palm oil, and is often sold as regular oil.
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2017-09-14· Dive Brief: Bunge has announced it will buy 70% of IOI Loders Croklaan, a palm oil and tropical oil product manufacturer based in Malaysia.; With the acquisition, Bunge
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Kraft Heinz is an active member of the Roundtable on Sustainable Palm Oil (RSPO) and has recently partnered with the Rainforest Alliance an international nonprofit organization dedicated to conserving biodiversity and ensuring sustainable livelihoods to support us in the implementation of our sustainable palm oil sourcing policy.
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