17 August 2021 | News
Inviting organizations active in the coconut industry to join us in signing the Sustainable Coconut Charter,
Image Source: barry-callebaut
In recent years, there has been rapid growth of the global coconut market, paired with significant and yet untackled sustainability challenges. These include aging trees, natural disasters, complex value chains and producers lacking in market, finance and technical know-how. The result has been low quality produce, low income for producers and little incentive to improve practices across the board, despite a growing market.
Building on our work to improve traceability within our coconut supply chain, we joined forces with Nestlé and Proforest in 2020 to launch the Sustainable Coconut Supplier Scorecard and Sustainable Origins Assessment.
The Sustainable Coconut Supplier Scorecard and Sustainable Origins Assessment will allow us to assess sustainability risks at the sourcing locations/origin countries of our coconut supply chain, set clear improvement targets and track performance over time. It will also help us enhance traceability by mapping out supply chain actors, and introduce a tangible incentive for suppliers and coconut origins to make improvements. By 2022, we intend to roll out this assessment with all of Barry Callebaut’s coconut oil suppliers, in addition to our annual traceability assessment.
More broadly, we are inviting organizations active in the coconut industry to join us in signing the Sustainable Coconut Charter, thus transforming the ongoing development of sustainable practices in the coconut industry into a global movement.
To address sustainability challenges in coconut production, we collaborated with USAID Green Invest Asia and industry and launched in November 2020 the Sustainable Coconut Charter, co-signed by industry leaders AAK, FrieslandCampina, Harmless Harvest, Nestlé and Unilever.
Since the launch of the Sustainable Coconut Charter,Barry Callebaut witnessed great momentum with over 40 companies, NGOs and other stakeholders expressing interest to align their approach toward sustainable coconut production