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WAITROSE MAKES PALM OIL COMMITMENT

Waitrose

3 December 2009

The retailer has committed to achieving a quarter of the conversion within the next year. And will be using ‘Greenpalm’* as an interim measure for 100 per cent of its remaining products, while it works through its range between now and the end of 2012. Currently, very low levels (0.001 per cent - 4 per cent) of palm oil are in around 1,000 Waitrose branded products (which represents just 10 per cent of the total own-label range). The company is already working to minimise or eliminate palm oil but the ingredient continues to be important to the texture of cakes, patisserie, biscuits and sweet and savoury pastry products.The commitment to move to 100 per cent CSPO follows a meeting held in London on Wednesday between the Chief Executive of WWF, David Nussbaum, and Waitrose Managing Director, Mark Price. Mark Price said: "Our mediocre rating in WWF’s Palm Oil Buyers’ Scorecard 2009 has toughened our resolve. We can and we will meet this ambitious target. We want to be part of the solution, not contributing to the environmental problems caused by the growth in palm oil use."WWF-UK Chief Executive, David Nussbaum said: "WWF welcomes the announcement by Waitrose that they will only be using RSPO certified sustainable palm oil by 2012. Our recent scorecard showed that few companies had followed up their commitments with action but it is good to see a well known company like Waitrose putting its words into practice by ensuring that they will start using CSPO from next year. We hope that this will encourage many other household names to take responsibility for their actions."Waitrose will be focusing first on two of its largest palm-oil containing categories - soaps and biscuits. These two categories alone account for 25 per cent of the palm oil the retailer uses.