KUALA LUMPUR, Dec 24 — Italian confectionery producer, Ferrero Group, will publish a yearly Progress Report in 2022 to share its journey, including the challenges faced in achieving the commitments outlined in its Palm Oil Charter and related action plan.On its website, the Italian manufacturer of branded chocolate and confectionery products stated that traceability and transparency have always been fundamental elements in Ferrero’s approach to responsible palm oil sourcing.
Ferrero revealed that from January to June this year, it sourced 99.47 per cent of Roundtable on Sustainable Palm Oil -certified segregated palm oil and 0.53 per cent of conventional palm oil. “We also apply a continuous improvement approach of our value chain and go beyond this already high certification requirement with initiatives that are driven by our Palm Oil Charter,” it said.
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