Nestle drops dodgy palm oil
Greenpeace campaign moves on to HSBC
With nearly 1.5m views of Greenpeace's Kit Kat advert, over 200,000 emails sent, hundreds of phone calls and countless Facebook comments, supporters made it clear to Nestlé that it had to address the problems with the palm oil and paper products it buys. When combined with orang-utans at Nestlé HQ's in Croydon, Frankfurt, Beijing and Jakarta, and banners dropped over the AGM in Switzerland, Nestle top brass have really been under pressure.
Since they launched their campaign just eight weeks ago, Greenpeace campaigners have met several times with Nestlé executives to discuss the problems with sourcing of palm oil and paper products. It certainly seemed like things were moving forward in these discussions. But Greenpeace didn't expect Nestlé to come up with such a comprehensive 'zero deforestation' policy so quickly.
Nestlé have developed a plan which will identify and remove any companies in their supply chain with links to deforestation so their products will have "no deforestation footprint". These companies include the infamous Sinar Mas. This plan still needs to be followed up with action, and The Forest Trust (TFT) - an independent organisation we've worked with before - will be closely monitoring Nestlé's progress. In fact, TFT worked on the plan and will be making sure Nestlé stick to it.
The campaign now moves on to the next big player in the palm oil industry - HSBC who by investing in Sinar Mas is also funding deforestation. Despite having a lending policy that supposedly excludes anything that threatens rainforests, HSBC is turning a blind eye to what Sinar Mas is doing.
Email HSBC CEO Michael Geoghegan now