Archived News

17/05/2010 (Guardian Sustainable Business) - Nestlé is to work with The Forest Trust to ensure its sourcing of palm oil is not contributing to illegal rainforest and peatland clearance. The move is being seen as unprecedented in the palm oil supply chain, although such partnerships have a proven track record for wood procurement.

17/05/2010 (CNET News) - An aggressive, meant-to-shock Facebook and YouTube campaign on behalf of Greenpeace has led food conglomerate Nestle to modify its policies regarding the use of palm oil.

17/05/2010 (TFT Forest.org) - The Forest Trust (TFT) announced today that Swiss consumer goods company Nestlé has agreed to a plan that will rid its products of palm oil purchased from suppliers whose activities are destroying vulnerable tropical forests in the developing world.

17/05/2010 (The Daily Mail), Islamabad - After conducting successful experiments, the National Agriculture Research Council (NARC) has identified several areas for the cultivation of olive and palm oil to help reduce import bill and enhance income of the farmers.

17/05/2010 (The Jakarta Post) - Ignoring environmental concerns that Indonesian producers are clearing protected rainforests, the European Union (EU) administration has pledged not to restrict exports of Indonesian crude palm oil (CPO) to Europe.

16/05/2010 (The Jakarta Post) - Indonesia and Malaysia, the world’s largest crude palm oil producers, have planned to cooperate to explore the possibility of buying palm seeds in Angola, southern Africa.

15/05/2010 (The Economic Times, India), New Delhi - Select edible oils extended losses for the second straight week at the wholesale oils and oilseeds market during the week under review on sluggish demand from vanaspati millers and retailers amid weakening trend in global markets.

18/05/2010 (Food product Design) - On the heels of a Greenpeace report claiming Nestlé is using palm oil from destroyed Indonesian rainforests and peatlands, the company announced it has entered into a partnership with The Forest Trust (TFT). TFT, a global non-profit organization, will help Nestlé to build responsible supply chains by identifying and addressing embedded social and environmental issues. Nestlé is the first global consumer goods company to become a TFT member.

18/05/2010 (Marketing Conversation) - Well what do you know? Nestlé listened. Following a two month Greenpeace assault on palm oil purchasing practices of the food giant, Nestlé announced earlier this week that they will stop purchasing palm oil (used in many popular products like Kit Kats) from companies that own “high-risk” plantations and farms. These high-risk plantations are accused of driving the destruction of natural habitats for animals like the orangutan. The new “zero-deforestation” policy is in partnership with The Forest Trust that will work with Nestlé to amend its palm oil purchasing policies.

18/05/2010 (The Telegraph) - Nestle said it would identify and exclude from its supply chain companies ''owning or managing high risk plantations or farms linked to deforestation'', a move which was welcomed by environmental campaigners.

18/05/2010 (ABS-CBN News.com), Manila, Philippines - For Greenpeace International, it was a "sweet success."

18/05/2010 (Business Times) - THE sustainability efforts of the palm oil industry have stirred so much public interest globally that it is important for industry stakeholders to keep abreast of latest developments and technologies.