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Nestle To Probe Environmental Destruction Claims Against Palm Oil Suppliers

May 17, 2010: 09:05 PM EST
Nestle is to investigate allegations that its palm oil suppliers are involved in environmentally damaging practices. The Swiss-based firm said it will work with the non-profit organization, The Forest Trust, to look for evidence of rainforest and wildlife destruction by its palm oil providers, as Greenpeace alleges. The Forest Trust helps curb illegal logging by tracing consumer products to their source. Nestle, which plans to tap only environment-friendly palm oil sources from 2015, suspended palm oil purchases from Indonesia's Sinar Mas following Greenpeace claims of unsustainable practices. The company buys 320,000 tons of palm oil annually, about 0.7 percent of world production.
"FACTBOX-Nestle, "eco-friendly" palm oil and Kit Kat", Reuters, May 17, 2010, © Thomson Reuters
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