Credit © 🎞 🖋 ✅ @paulhiltonphoto Please read! @rainforestactionnetwork PepsiCo Adopts Comprehensive Shift in Approach to Palm Oil it’s a WIN 😊. PepsiCo Inc., the world’s second-largest food and beverage company, has announced the adoption of a comprehensive palm oil sourcing policy and committed to a broad set of actions aimed at ensuring the palm oil in its supply chain will not contain deforestation, peatland destruction, or human and labor rights abuses. PepsiCo’s shift on palm oil is the result of a six-years long public campaign and positions it as a front runner amongst its peers, signaling to the industry that responsible palm oil production must be achieved. “We commend PepsiCo for adopting a comprehensive policy and leading actions that, if implemented, will drive change in its palm oil supply chain as well as the broader palm oil industry,” said Robin Averbeck, Agribusiness Campaign Director with Rainforest Action Network (RAN), who worked with PepsiCo on updating its policy. The policy applies to PepsiCo’s entire supply chain, from direct suppliers to production sources, including all palm and palm kernel oil that it uses globally. Two key reforms are that the policy now applies to suppliers at the group level, meaning it will apply across the entire operations and third-party supply chains of suppliers, not just the palm oil sold directly to PepsiCo, and it serves as an expectation of doing business with PepsiCo for its business partners at a group level. This includes Indofood, the largest food processing company in Indonesia with which PepsiCo owns a joint venture company to make its snack food products in Indonesia, and Indofood’s parent company the Salim Group. Indofood and the Salim Group have significant palm oil holdings and operations across Indonesia, on which labor exploitation, legal violations, and peatland clearance have been documented. Additionally, PepsiCo has committed to improved human rights provisions and to play a more proactive role in the palm oil industry, including taking actions to address ongoing deforestation in Indonesia’s critical Leuser Ecosystem 🙏🏽 #Ecosystem #rainforest #palmoil #pepsicoinc # https://www.instagram.com/p/B9en1X1BApj/?igshid=16penju9exr5n
