The Hershey Company joined the Roundtable on Sustainable Palm Oil (RSPO) in 2011 and by the end of 2014, all of our palm oil purchases were 100 percent Mass Balance RSPO-certified palm oil. Our efforts with suppliers continued through the end of 2014, when we were able to ensure all of our palm oil purchases were 100 percent Mass Balance RSPO-certified palm oil.
Our commitment on sustainability is ongoing. The Hershey Company is a member of The Forest Trust (TFT), a non-profit organization that is helping us achieve a traceable supply chain that adheres to our Responsible Palm Oil Sourcing Policy. We continue to work closely with our suppliers and industry experts as we strive to ensure our palm oil supply comes from fully traceable and responsible sources through our entire supply chain.
Hershey has pledged to trace to 100 percent of the mills where the company’s palm oil is processed by the end of 2015 as well as tracing 100 percent of the company’s palm oil volume to the original palm oil plantations. As of the second quarter of 2015, Hershey has traced its supply chain to approximately 90 percent of all the mills where the company’s palm oil is processed. Additionally, Hershey has achieved 10 percent traceability of its palm volume to the original palm oil plantations. These results keep Hershey ahead of schedule to deliver plantation-level traceability by the end of 2016.
Palm oil has many benefits, which is why it’s in high demand. Palm oil is the number one produced edible oil in the world; its popularity is largely due to it not containing trans fats. With the growth in demand for palm oil, current sourcing practices are not sustainable.