FERRERO’S PALM OIL: TRANSPARENCY BACK TO THE MILLS
Ferrero confirms its full ongoing engagement to securing a deforestation-free and exploitation-free palm oil supply chain through active cooperation with NGOs, key stakeholders and suppliers.
Ferrero fully welcomes Greenpeace’s request for further supply chain transparency and agrees that this is an essential component of sustainable sourcing and supply chain responsibility.
Ferrero had originally agreed with Greenpeace to publish the full list of mills it sources from on Ferrero’s corporate websites by May 15, 2018 to allow for additional checks with suppliers for public disclosure.
Ferrero recognizes the important industry momentum generated by Greenpeace through its report “Moment of Truth” and feels strongly about demonstrating its absolute dedication to transparency.
Today Ferrero is extremely pleased to confirm that it is in a position to publish the full list of the mills it sources from, well ahead of the agreed May 15th deadline, thanks to the help of its suppliers.
Furthermore, as already stated in its previous news, Ferrero will update the list of mills every 6 months as well as provide updates on its sustainability progress.
“Transparency is a first key step towards industry transformation and we believe that a holistic approach with on-the-ground actions are necessary to create long term positive impact on the palm oil sector and we are committed to it” confirmed Aldo Uva, Chief Operating Officer, Ferrero Group.