18 May 18 / Aurélie Comhaire

SUSTAINABLE PALM OIL PROGRESS REPORT 2017

We are pleased to share our new 'Sustainable palm oil progress report 2017'. This publication summarises the progress we made in 2017 towards compliance with our charter and formulates our ambitions for 2018 and beyond.

 

We made significant progress in 2017:

  • We reached 98,5% traceability to mill level for all the palm oil we bought.
  • Almost 100% of our purchased palm oil volumes are covered by suppliers committed to a NDPE (no deforestation, no peat, no exploitation) policy.
  • We continued to engage with our suppliers and tft (the forest trust) to work towards transformation in the supply chain.
  • We became a founding member of the Fundación Española del Aceite de Palma Sostenible.

Our outlook for 2018:

  • We will continue to work towards achieving 100% traceability back to mill.
  • We will contribute to transformation on the ground by co-financing local  transformation projects in  Indonesia or Malaysia.

By 2020 we aim to fully comply with the criteria of no deforestation and no exploitation palm oil.

 

Shaping a tasty future responsibly.

About Vandemoortele

Vandemoortele is a leading European food group that manufactures and sells high quality food products. Vandemoortele focuses on two activities: Bakery Products and Margarines, Culinary Oils & Fats.

In 2018 Vandemoortele realised a turnover of around EUR 1.4 billion with 5,100 employees. The Group is present in 12 European countries with own sales organisations and/or production sites. Its headquarters are located in Ghent, Belgium.

News & Media Contact

Flore Couvreur
flore.couvreur@vandemoortele.com