Unilever has published its sustainable palm oil progress report, announcing that 58% of its global volume of palm oil is now traceable to known sources. In addition, the company announced that all palm oil directly sourced for its European Foods business will be 100% traceable and certified sustainable by the end of 2014. Unilever now has visibility of around 1,800 crude palm oil mills, representing around two-thirds of all mills in the global palm oil industry.
“2014 has been a defining year for our goal to create a more transparent palm oil industry,” said Pier Luigi Sigismondi, Unilever Chief Supply Chain Officer. “Knowing where it comes from is a critical step in the journey. The challenge is enormous and not easy to achieve but we are determined and can now report good progress. We want to share our learnings with the rest of the industry.”