Aug 5, 2017

PepsiCo announces progress towards sustainable palm oil supply chain target

Tom Wadlow
3 min
Pepsi
Global food and drink manufacturer PepsiCo has released an update on its sustainable palm oil programme, which targets 100% sustainable sourcing by 2...

Global food and drink manufacturer PepsiCo has released an update on its sustainable palm oil programme, which targets 100% sustainable sourcing by 2020.

In its annual Palm Oil Action Plan Progress Report, PepsiCo said that 89% of the palm oil it expects to use during 2017 has been traced to the mill level, up from 65% in 2015.

It says it has also taken steps to extend traceability beyond the mill to plantation level across its entire palm oil supply chain, which it aims to achieve by 2020.

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As part of the report, the company unveiled new initiatives designed to improve practices in the palm oil sector. Alongside advanced traceability protocols, this includes the introduction of a scorecard that will enable the company to work with certain direct suppliers of palm oil to improve their performance in areas such as human rights, deforestation, peat loss and land use policies.

PepsiCo has also tightened up its protocols regarding supplier conduct, which allow it to more thoroughly investigate claims of foul play.

Rob Meyers, Sustainability Director at PepsiCo, said: “PepsiCo takes environmental and social issues within the palm oil industry very seriously, and we are making significant investments to improve every aspect of our palm oil supply chain.

"We have made important progress, achieving substantially greater visibility into our suppliers' activities and moving closer to our goal of sustainably sourcing 100 percent of our palm oil by 2020. PepsiCo is committed to doing much more, and we believe that the steps we are taking to promote higher standards among palm suppliers will place us at the forefront of our industry."

Other highlights from the update include:

  • Currently, 16% of the palm oil that PepsiCo buys is RSPO (Roundtable for Sustainable Palm Oil) physically certified sustainable. The company expects that figure to rise to 30% by the end of 2017, and it aims to maintain a similar rate of progress to meet its 100% goal by 2020.
  • 98% of the palm oil that PepsiCo currently uses comes from suppliers who are RSPO members.
  • PepsiCo has begun to invest in the improvement of practices in key sourcing regions. For example, it is sponsoring the National Interpretation of the RSPO Principles and Criteria in Mexico and supporting a program that will provide training on High Conservation Value (HCV) and High Carbon Stock (HCS) assessments.

PepsiCo products are consumed one billion times a day in more than 200 countries and territories around the world. Last year the company generated approximately $63bn in net revenue, and is home to 22 $1bn brands.

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Jul 25, 2021

People Moves: Kuehne+Nagel, Asuccini, Algo

supplychain
Procurement
KuehneNagel
Logistics
2 min
Stay up to date on the latest supply chain executive moves and promotions, including Kuehne+Nagel, Algo, and Asuccini LLC

Peer Gjeow Rasmussen

Kuehne+Nagel


Was: Managing Director, Kuehne+Nagel India
Now: Managing Director, Kuehne+Nagel Singapore and Malaysia 

Skilled in freight forwarding, logistics management, and international logistics, Peer Gjeow Rasmussen has worked for almost two decades to make Kuehne+Nagel a global leader in supply chain. With experience in Thailand, China, Denmark, the USA, and India, Rasmussen is poised to excel in the company’s diverse Singapore and Malaysia divisions. Said Jens Drewes, President of Kuehne+Nagel Asia-Pacific: "Peer’s proven leadership will ensure continued strategic growth and success." 

 

Heidi Turk

Algo


Was: SVP Supply Chain, NBC Universal
Now: Chief Customer Success Officer, Algo


Heidi Turk has been named Chief Customer Success Officer at Algo, a leading supply chain intelligence SaaS solutions provider. Prior to joining Algo, Turk spent the 23 years with NBC Universal, most recently as SVP Supply Chain.

Amjad Hussain, Chairman, founder and CEO, said: “Heidi’s deep knowledge of hard-goods manufacturing, distribution and retail channel operations will take Algo's white-glove, customer-centric service and support to the next level."


Jim Vrtis

Asuccini 


Now: Vice Chairman, Board of Directors, Asuccini

Jim Vrtis has been elected to the board of directors at Asuccini LLC, the leading international logistics transportation management software company. Vrtis will join as the Vice Chairman, and continue his role as CEO at Artemis ABA Inc. 

Vrtis has more than 20 years of industry experience working in transportation and logistics. Ashkan Shamili, Founder & CEO, said: “With the addition of Jim to our Board, we are committed to providing our customers with an innovative customised transportation management system built in the Salesforce cloud and tailored to the way our customers run their business.”

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