Noodle Company Announces Sustainable Palm Oil Policy

Noodle Company Announces Sustainable Palm Oil Policy

Instant noodle manufacturer Nissin Foods Group has announced new revisions in its palm oil policy | #Nissin Foods Group has announced new revisions in its palm oil policy |, stating that it is taking further steps to procure sustainable | Learn more on Commonshare | and conflict-free palm oil.
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No Deforestation, No Peat, No Exploitation
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Nissin’s new commitment is a policy the company has titled No Deforestation, No Peat, No Exploitation (NDPE). As the name suggests, the policy is designed to take into account prevention of deforestation | Learn more on Commonshare |, preservation of diversity, and human rights for the plantation workers – on top of a commitment to source palm oil sustainably.
The company joined the Roundtable on Sustainable Palm Oil (RSPO) back in October of 2017. As of March 2019, all plants that manufacture its flagship Cup Noodles did so using RSPO-certified palm oil.
As of March 2020, the Nissin Food Group’s overall procurement ratio of RSPO-certified palm oil stands at about 20%.
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Lofty Goals & Criticism
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The company’s Sustainability Report 2020 states that for the fiscal year 2031, in addition to procuring RSPO-certified palm oil | Learn more on Commonshare |, Nissin will aim to “procure only palm oil that is assessed to be sustainable” by Nissin itself.
Achieving the ultimate target of 100% sustainable palm oil will be a significant milestone for the company, but the Rainforest Action Network (RAN), an environmental organization, says there is more work to be done.
RAN says that the current approach relies on sourcing palm oil that is a mix of both certified and untraceable palm oil. RAN says the company is not addressing its own connection to deforestation or human rights violations.
However, Nissin has set a deadline of 2030 to fully implement its new policy.
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Next Steps
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Palm oil | Learn more on Commonshare | is the world’s most widely-used vegetable oil, and is the most common oil used in instant noodles that are fried in oil. Nissin currently sources its palm oil from Malaysia and Indonesia.
The recent revision to company policy will take steps to prevent deforestation, forest fires, development on carbon-rich peatlands, and violations of land rights of indigenous peoples.
Nissin has also announced an Earth Food Challenge 2030, which will entail reducing greenhouse gas emissions from fossil fuels and electricity by 30% in fiscal year 2031.
Lexicon:
Nissin Foods Group has announced new revisions in its palm oil policy | https://www.foodnavigator-asia.com/Article/2020/09/22/Step-in-the-right-direction-Nissin-reveals-plans-to-procure-sustainable-and-conflict-free-palm-oil |: source from foodnavigator-asia website

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