Spearheading sustainability in the coconut industry
The sustainability challenges in coconut production
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.
A scorecard for success
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.
We are dedicated to achieving transparency and traceability in our supply chains, including in sourcing coconut as a raw material for our products. The supplier scorecard and origins assessment we are developing together with Barry Callebaut will enable us to fully understand current and future challenges in sourcing this raw material and to address gaps in sustainable coconut production. This set of tools will also be beneficial in creating an alignment among companies and defining a common framework to drive changes in the industry.
The Sustainable Coconut Charter is a first of its kind voluntary framework for companies in the coconut industry. It represents a collective commitment and a harmonized approach to making a difference to the planet, people and business.