A decade ago, Wilmar International made headlines by launching its 'No Deforestation, No Peat, No Exploitation' policy — a landmark move intended to drive much-needed change in global environmental norms. This groundbreaking initiative marked a major milestone in environmental conservation and sustainability practices, challenging the industrial sector to reassess its relationship with our planet. In the face of increasing deforestation and the exploitation of peat-rich soils worldwide, Wilmar's policy represented a firm commitment to transition towards more sustainable and ecologically friendly business practices.
1. Wilmar International launched its 'No Deforestation, No Peat, No Exploitation' policy a decade ago, aiming to instigate changes in global environmental norms.
2. The policy is a significant milestone in environmental conservation and sustainability, challenging the industrial sector to re-evaluate its relationship with the environment.
3. The policy represents a firm commitment from Wilmar to transition towards sustainable and ecologically friendly business practices in response to increasing deforestation and exploitation of peat-rich soils.
4. In the past ten years, Wilmar International has made impressive strides towards achieving the ambitious goals laid out by the policy, reflecting the company’s determination to maintain sustainable practices.
5. As a leading agribusiness group, Wilmar has set a precedent by incorporating environmental sustainability into its core business model, promoting responsible agricultural production.
As of 2020, Wilmar International has successfully achieved a 100% traceability target for its palm oil supply chain to the plantation level, significantly curbing deforestation practices.
This groundbreaking policy served as a watershed moment in environmental protection and sustainability. Wilmar International, a leading agribusiness group, had steadfastly committed itself to addressing the negative impacts of deforestation, peatland degradation, and exploitation. The policy’s ten-year anniversary reflects on the impressive strides taken toward achieving these ambitious goals. It encapsulates the company’s unwavering commitment to maintain sustainable practices and facilitates responsible agricultural production - thus setting its place as a pioneer in incorporating environmental sustainability into its core business model.