PepsiCo Reports Continued Progress Towards Goal of 100 Percent Sustainable Palm Oil
PepsiCo today reported continued progress in the company's efforts to strengthen its palm oil supply chain, including new steps taken to promote human rights, responsible land use and supplier transparency. These moves support PepsiCo's previously announced goal for 100 percent of the palm oil it uses to be sustainably sourced by 2020.
In its annual Palm Oil Action Plan Progress Report, the global food and beverage company disclosed that 89 percent of the palm oil it expects to use during 2017 has been traced to the mill level, up from 65 percent in 2015. PepsiCo 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.