supply chain and end users working group
TRANSCRIPT
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Members Meeting26 May 2021
Supply Chain and End Users Working Group
Co-Chairs
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Highlights
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Alignment with the I-SPOC mission
Annual Working Plan: 2020-21 Updates
Annual Working Plan: 2021-22 Priorities
Palm Oil Sustainability Framework for companies in India
Q&A
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Working Group Members
• AAK Kamani• Colgate-Palmolive• ECube Investment Advisors• Ferrero• Haldiram’s• Hindustan Unilever• HSBC• Karnataka Chemical
• P&G• Navabharat• Galaxy Surfactants• Manorama Industries Ltd• Reckitt• Zoological Society of London• Cheyenne Mountain Zoo• L'Oréal
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Alignment with the I-SPOC mission
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The Destination
I-SPOC MissionTo promote sustainable consumption and trade of palm oil and its derivatives in India along the supply chain, through industry collaboration.
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Role of I-SPOCContext Key Messaging of this Working Group
Solutions that work for India
We are seeing overwhelming globalattention and action for a green andsustainable recovery from theCOVID-19 pandemic.
This is evidenced by the volume offunding flowing towards nature-based solutions (e.g. The LEAFCoalition and Rimba Collective) andthe use of global trade as a tool tofight climate change. COP15 inChina, COP26 in the UK and WEF inSingapore have prioritized thetheme of deforestation free supplychains and biodiversity protection.
INDUSTRY TRANSFORMATIONI-SPOC can be a catalyst for sector-wide transformation by convening stakeholders across the supply chain around a
shared vision of sustainable palm oil.
RISK MANAGEMENTSustainability standards combined with enhanced assurance mechanisms are a powerful tool to deliver the due diligence
necessary to underpin green trade deals.
SHARED RESPONSIBILITYTo succeed, I-SPOC calls on all companies, investors and
governments to scale up the adoption of certification, drive awareness, and strengthen the assurance ecosystem.
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Annual Working Plan: 2020-21 Updates
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Business Guide
www.indiaspoc.org/resources
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Retailers Association of India
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Sustainable Palm Oil Dialogue 2020
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www.knowyourpalm.thebetterindia.comSocial Reach: 13 Million/1.3 Cr(Sep 2020-April 2021)
Consumer Awareness Campaign
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www.youthforsustainability.in
300 youth volunteers working in 20+ YfS Clubs across the country focused on responsible consumption and production and climate action (SDGs 12 and 13)
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www.yfsindiaalliance.com
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Annual Working Plan: 2021-22 Priorities
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Priorities
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1. Palm Oil Sustainability Framework and Advisory for Indian Companies
2. Multi-stakeholder Dialogues for Sustainable Procurement and NDPE Commitments
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Palm Oil Buyers Scorecard Launched
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Reports Launching – PO in Asia
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• The Consumption Study highlights the role of MNCs and local companies in driving sustainable uptake of palm oil in Asian markets
• The Trade Flow Study demonstrates a new model of supply chain tracing, how can this work complement other more direct traceability approaches to drive further transparency efforts across the supply chain.
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Webinar Series
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• WWF has launched a four-part webinar series to discuss palm oil demand and trade patterns in Asia – uncovering opportunities for stakeholders to take ambitious action for sustainability.
• The sessions include leading businesses and financial institutions in Asia to provide multiple perspectives on progressing sustainable palm oil in the region.
• The first webinar “Deforestation in Asia: Challenges & Solutions for the Palm Oil Industry” was held on 25 May
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Sustainable Procurement Guide for Companies
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• Developing a sustainable procurement guide for the Indian palm oil industry
• The document will provide guidance to importers/refiners; derivatives manufacturers; and consumer goods manufacturers to set sustainability goals, establish implementation systems and streamline reporting in alignment with the Accountability Framework Initiative (Afi)
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Palm Oil Sustainability Framework for Companies in India
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Awareness raising Company Engagement
Capacity Building for Companies
Strategic Discussion Policy Development Supply Chain Assessment
Corrective Actions and Sourcing Sustainably
Advocacy
Steps on the Sustainability Journey
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Q&A
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Thank you!