Dive Brief:
- Post Holdings, Inc. has announced it would source 100% sustainable palm oil globally by December 2016.
- Post doesn't use much palm oil to begin with for its products, but the company aims "to ensure its purchases of the ingredient do not contribute to deforestation of the world’s rainforests or negatively affect communities that depend upon them," Food Business News reported.
- Post is also a member of the Roundtable on Sustainable Palm Oil, which focuses on supporting sustainable palm oil products. KIND LLC and Maruchan, Inc. are members of the organization as well.
Dive Insight:
Post said it intends "to work with its direct suppliers to support the development of a sustainable, cost-effective market for palm oil," Food Business News reported.
Other companies have jumped onboard the movement to sustainably source palm oil throughout their supply chains. Earlier this year, ADM pledged its commitment to fight deforestation with its palm oil suppliers, and just over a year ago, Cargill, Wilmar, and Golden Agri-Resource — the three largest palm oil companies globally — announced they would work together to stop deforestation. Other companies said they would commit to sustainable palm oil sourcing in 2014 as well, including Danone, General Mills, and Mars, Inc.