Increasing the transparency of our palm supply chain helps us to highlight any differences and potential opportunities for improvement between our commitments and those of our suppliers.

In 2021, we completed our fourth annual palm transparency and risk mapping exercise that uses an established methodology endorsed by external stakeholders, rating agencies and coalitions. Working with our direct and indirect suppliers we evaluated our 2020 palm volumes.

We improved transparency levels at the refinery level and plantation level achieving 99% and 36% transparency respectively. We improved the transparency of our 2020 palm volumes at refinery and plantation level to 99% and 36 % respectively. Our transparency level to the mills remained at 94%, falling short of our target of achieving 100% transparency to the Mill level by the end of 2020. This was due to the introduction of a number of new suppliers and general complexities of the palm supply chain. We also updated our risk assessment at geographical level based on 2020 volumes. Overall, the transparency results achieved for 2020 volumes indicated a high level of transparency and are higher than the ASD member averages of 93% at refinery level and 86% at mill level.

We are committed to undertaking the analysis of our supply chain annually and in 2022 we will be working with our suppliers to achieve our target of full transparency at mill level.