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Unilever Plans To Buy Palm Oil Only From Traceable Sources By End Of 2014

November 12, 2013: 12:00 AM EST
Unilever announced its plan to purchase palm oil only from traceable and known sources by the end of 2014. One of the world’s largest buyers of palm oil for use in products, such as margarine, ice cream, and soap, Unilever buys about 1.5 million tonnes of palm oil and related products each year, accounting for about 3 percent of the world’s total production. Unilever’s chief procurement officer Marc Engel reiterated the company’s commitment to supporting the campaign for sustainability in the palm oil industry.
"100% of Palm Oil bought will be traceable to known sources by end 2014", Unilever , November 12, 2013, © Unilever
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