Goodman Fielder Supports Certified Sustainable Palm Oil

April 2013

Goodman Fielder shares community concerns regarding the ecological and environmental impacts of palm oil production especially in some areas of South East Asia, such as Borneo and Sumatra, and is pro-actively responding to these concerns.

The company supports the production of sustainable palm oil and is a member of the Roundtable on Sustainable Palm Oil (RSPO). Goodman Fielder commenced purchasing Green Palm certificates in September 2010 (www.greenpalm.org) and made a commitment to cover all palm oil used in the company’s Australian and New Zealand retail branded products by 2015.

Following the sale of Integro Foods to GrainCorp in October 2012, Goodman Fielder conducted a review of its sourcing options and Palm Oil Strategy. From this review, Goodman Fielder has committed to sourcing Certified Sustainable Palm Oil (CSPO) for all Goodman Fielder branded products in Australia and New Zealand (including spreads exported to the Asia Pacific region) using the mass balance supply chain model. Our intention is to implement the sourcing of mass balance CSPO from 1 January 2014.

Goodman Fielder will continue to support the production of sustainable palm oil through the purchase of GreenPalm certificates in 2013 in line with previous commitments.

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