Increased Palm Supply Chain Transparency

In 2023, we completed our sixth annual palm transparency and risk mapping exercise. Through working with our direct and indirect suppliers, we evaluated our 2022 palm volumes. Although the number of suppliers in the scope of the investigation increased, we were still able to increase our supply chain transparency, achieving transparency levels of 98% at refinery level, 97% at mill level and 60% at plantation level. We also updated our risk assessment at geographical level.

Overall, the transparency results achieved for 2022 palm volumes indicated a high level of transparency and are higher than the Action for Sustainable Derivatives (ASD) Oleochemical manufacturer member averages of 94% at refinery level and 92% at mill level. We are committed to undertaking the analysis of our supply chain annually and will be engaging with our suppliers to work towards our target of full transparency at mill level.