Ferrero tops WWF list for use of sustainable palm oil
Ferrero, Kaufland, L’Oréal, and Aldi are among the top performers globally when it comes to introducing sustainable, deforestation-free palm oil in their supply chains, according to the World Wildlife Fund (WWF) Palm Oil Buyers Scorecard.
WWF lists Ferrero as number 1 out of 173 major global retailers, consumer goods manufacturers and food service companies, with a score of 21.5 out of 22.
The food manufacturer was the only company to score over 20 points and was recognised for its efforts to address the issue of deforestation in tropical areas and for the transparency of its supply chain.
“While we have made significant progress especially in the areas of traceability, Ferrero will continue its investment and remains fully committed to securing a 100% deforestation-free, and exploitation-free palm oil supply chain and to leading the way in industry transformation through active collaboration with NGOs, key stakeholders and suppliers,” Ferrero said in a statement.
Mars, Nestle and The Hershey Company scored in the 16-17 point range globally and a large number of companies were shown to have done little or nothing at all to ensure the sustainability of their supply chain.
Goodman Fielder was the top performing Australian company, scoring 15.3; Woolworths came in “middle of the pack” at 11.4, while Coles was “lagging behind” at 8.8. There was no response from Arnott’s and Metcash on their efforts.