Swiss firms get good palm oil report cards

Four Swiss companies have distinguished themselves on the 2011 WWF Palm Oil Buyers’ Scorecard.

This content was published on November 22, 2011 - 01:15 and agencies

WWF assessed the palm oil buying practices of 132 companies in Europe, Australia and Japan to gauge their commitment to buying and using sustainably produced palm oil.

This was the second assessment since the first one in 2009. 

The Palm Oil Buyers’ Scorecard measured the performance of major retailers and consumer goods manufacturers in regard to their participation on and compliance with the international Roundtable on Sustainable Palm Oil (RSPO).

Swiss supermarket chains Coop and Migros were among the best of the retailers, having each scored nine points – the maximum possible.

Scoring eight points this time, Swiss food giant Nestlé has improved considerably since the last assessment. It is now a member of the RSPO. Meanwhile, Swiss confectioner Lindt & Sprüngli also did well with a score of seven points.

Despite the good marks, WWF has encouraged both manufacturers to boost the amount of certified sustainable palm oil used in production.

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