Wilmar: First palm oil giant to name suppliers

  • By Eco-Business.com
  • Editor Daemeter
Wilmar: First palm oil giant to name suppliers

The world’s largest palm oil trader Wilmar International has published the names and locations of its  suppliers in its Indonesian and Malaysian palm oil supply chain – the first to do so in the industry – in a bid  to raise transparency levels and address deforestation, Eco-Business.com reported.

The Singapore-listed company on Thursday launched a new website it calls the Wilmar Sustainability  Dashboard on the sidelines of the World Economic Forum in Davos, Switzerland, which lists all its palm  oil mill suppliers in the two Southeast Asian countries which produces the bulk of the world’s palm oil.

In addition to mill locations and supplier details, Wilmar’s dashboard also contains information on how  grievances raised by stakeholders are being handled and the company’s efforts at engaging communities  and implementing its sustainability policy.

Environmental groups have welcomed Wilmar’s initiative, with some calling it a “gentle revolution” that  would accelerate the industry’s transformation to a more sustainable one.

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