Update News & Features: Nestlé commits to using certified sustainable
palm oil by 2015
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Nestlé has today announced its commitment to using only CertifiedSustainable Palm Oil (CSPO) by 2015, when sufficient quantities areexpected to be available. This follows a detailed review of Nestlé'spalm oil supply chain. Under its policy on EnvironmentalSustainability, Nestlé has pledged to give preference to supplierswho strive to improve the efficiency and sustainability of theiroperations and use of resources.The Company uses palm kernel oil for some of its confectionery anddairy products, but it is not a major raw material used. It alsobuys processed palm oil and processed oil mixes which often comesfrom multiple sources. However, Nestlé does not use crude palm oilnor has any direct links to the palm oil plantations and continues towork with suppliers to investigate the traceability of all possiblesources of any palm oil used.Over the last few years, Nestlé has been closely associated with theRoundtable on Sustainable Palm Oil (RSPO), an internationalnon-profit association founded in 2004 to promote the growth and useof sustainable palm oil. Nestlé has now applied for full corporatemembership of the RSPO, strengthening its efforts to find aneffective multi-stakeholder solution to combat the environmentalthreat caused by the planting of palm oil plantations in South EastAsia.Indonesia and Malaysia produce almost 90% of global supply of palmoil, and in total, global production is about 42 million metrictonnes. Nestlé uses 0.7% of the global supply (320,000 metrictonnes).Palm oil, which is used in producing household items such as soap anddetergent, and even for animal feeding and energy generation, is alsoused as a material from which biofuels are produced. Nestlé hasrepeatedly spoken out against the production of such fuels frommaterials used for food.Relevant information:Creating Shared Value - Environmental SustainabilityRoundtable on Sustainable Palm OilMalaysian Palm Oil AssociationWorld Wildlife fundContact:Nestlé Corporate Media Relations:Tel.: +41 (0)21 924 22 00mediarelations(at)nestle.com........................Visit our website for more News & Features --- End of Message ---Nestlé S.A.Avenue Nestlé 55 Vevey WKN: 887208; ISIN: CH0012056047; Index: SLCI, SMI, SPI, SMIEXP;Listed: Main Market in SIX Swiss Exchange;
Datum: 26.10.2009 - 15:06 Uhr
Sprache: Deutsch
News-ID 7414
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 351 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Update News & Features: Nestlé commits to using certified sustainable
palm oil by 2015"
steht unter der journalistisch-redaktionellen Verantwortung von
Nestlé S.A. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
