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The WWF Palm Oil Buyers Scorecard 2020 has ranked Ferrero number one, recognising the consumer goods manufacturer as the most sustainable in the industry for its palm oil supply chain.

The Scorecard evaluates companies for the support of is sustainable palm oil, with Ferrero taking the top spot out of 173 global retailers, consumer goods manufacturers and food service companies. The company scored 21.5 out of 22.

“Only one company, the consumer goods manufacturer Ferrero, has scored over 20 points (out of the maximum 22), sending an encouraging signal to the rest of the industry that sustainable and deforestation-free palm oil is achievable,” said WWF in a statement.

Ferrero has invested in the sustainability of its palm oil supply chain since 2005, making progress in areas such as traceability, as well as being one of the first companies to be certified with 100 per cent segregated palm oil.

The company says it will continue to invest in the area, including its commitment to securing a 100 per cent deforestation-free, and exploitation-free palm oil supply chain to “lead the way in industry transformation through active collaboration with NGOs, key stakeholders and suppliers”.

Packaging News

The early bird rate for the 2025 Australasian Packaging Conference, to be held on 6-7 May at the Sofitel Sydney Wentworth, NSW, is closing on 4 April.

A packaging symposium held in Melbourne last week brought together some of the industry leading minds to share up-to-the-minute ideas on the most pressing issues for packaging. Lindy Hughson moderated the event and filed this report.

PKN EXCLUSIVE: In a groundbreaking development, Australian-based Zipform Packaging has launched a paper bottle made from over 95 per cent wood-based fibre, containing no plastic liner, and incorporating more than 50 per cent post-consumer recycled content.