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AAK sustainable palm oil commitments and actions

AAK’s Sustainable palm oil policy has been developed significantly over the past year, with contributions from various stakeholders. In a dynamic environment, commitments from customers and suppliers relating to sustainable palm oil have seen parallel development. AAK’s policy is consistent with a wider market move, and puts AAK at the forefront of palm sustainability.

AAK’s policy is founded on the following pillars:
• support for the Roundtable on Sustainable Palm Oil (RSPO)
• traceability
• no deforestation
• no development of peatland
• free, prior and informed consent (FPIC)

AAK has clear definitions for traceability, peatland development and FPIC. For deforestation and FPIC we rely on RSPO definitions, supplementing the High Conservation Value (HCV) RSPO definition used for deforestation with High Carbon Stock (HCS), but mindful that there is as yet no common industry definition of HCS. Until a common framework has been developed, AAK will apply the HCS framework and identification tool that have been developed by Greenpeace and others.

We seek constantly to improve our policy as further issues and demands emerge, at the same time being mindful that implementation is even more important than words.

AAK’s Policy on Sustainable Palm Oil and Palm oil traceability progress
AAK’s policy is to communicate progress, as a minimum, annually in our Corporate Social Responsibility report. However, we report more frequently as appropriate. AAK’s progress reports and palm oil policy can be found at www.aak.com under Documentation/Policies.

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