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 2022, we completed our fifth 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 2021 palm volumes. Despite increasing the number of suppliers used, we improved our transparency at the mill level to 96%, although use of new suppliers did result in a slight decrease to transparency levels at refinery and plantation level. We also updated our risk assessment at geographical level. Overall, the transparency results achieved for 2021 volumes indicated a high level of transparency and are higher than the Action for Sustainable Derivatives (ASD) Oleochemical manufacturers 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 in 2022 we will be engaging with our suppliers to work towards our target of full transparency at mill level.
