The Italian confectioner first published its sources in the second half of 2017 and believes it can – and will – do so twice a year in the future. Ferrero now looks to collaboration with ‘key internal and external stakeholders’ to regularly and systematically review its 2014 Palm Oil Charter. Updated versions will ‘better reflect future challenges and the value proposition of Ferrero,’ according to the report. The company has also committed to follow the High Carbon Stock approach (HCS) – which RSPO adopted last year – as well as guidelines laid out in the Free and Fair Labor in Palm Oil Production report from Humanity United, starting with adherence to International Labor Organization standards.
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