Mondelēz International has called on palm oil suppliers to act faster to eliminate deforestation, and has excluded 12 suppliers from its supply chain as a result of breaches against its sustainable palm oil commitments.
EcoVadis's insight:
Remarkable efforts by Mondelēz for undertaking such a complex challenge by collaborating with all actors in the palm oil supply chain, from growers to suppliers and buyers. An increasing number of major multinational companies are committing to tackle deforestation issues in their supply chains in a view to enhancing environmental and social impacts through responsible sourcing. If current deforestation levels continue, the world’s rainforests may completely vanish in as little as 100 years, according to National Geographic, and this will have a disastrous effect on our world if we don’t act.
