Ferrero has updated its Palm Oil Charter to ‘go beyond’ what it says is a ‘baseline’ for sustainable palm oil sourcing. This means new commitments on human rights, environmental protection and supplier transparency.
In a recently released new action plan, the global food manufacturer said workers in the palm oil industry - in particular migrant workers - are vulnerable to labour rights abuses, including forced labour.
Nutella manufacturer Ferrero has reiterated its commitment to sourcing sustainable palm oil that is 100% RSPO certified and segregated, and traceable to farms, the Italian confectionery group said in its Palm Oil Progress report for 2020.
Malaysian palm oil is expected to see a rise in demand from India and China this year as economies gradually open up and local stocks diminish, but the industry must improve logistics and digital reach to effectively capitalise, according to industry...
Experts have suggested that the palm oil industry and food firms manufacturing palm oil-containing products use the power of artificial intelligence (AI) technology to identify the right consumer segments and methods to sway sentiment back in their favour.
The palm oil industry in Malaysia needs to prepare itself for an uncertain year ahead with expected price volatility, production decrease and policy changes in the west, with the government attempting to shift to more value-added products in hopes of...
The head of the Malaysian Palm Oil Council (MPOC) has challenged Australian chocolate manufacturer Darrell Lea to explain its sustainability claims after the latter announced that it would be going totally palm oil-free.
Palm oil trade between Malaysia and India has moved back on track with the latter running low on local stock and the former relaxing export tariffs as both countries move to repair a trade relationship wrecked by previous political clashing.