PALMOILMAGAZINE, CHINA – During the recent Chinese New Year festivities, Mengniu Dairy, a leading milk company in China, made a significant move by joining the Roundtable on Sustainable Palm Oil (RSPO). This development not only marks a new addition to RSPO’s membership from China but also underscores Mengniu’s commitment to responsible and sustainable business practices.
As a prominent player in the global milk industry, Mengniu places sustainable development at the forefront of its operations. The company aims to enhance its environmental, social, and governance (ESG) practices in response to heightened expectations from investors and stakeholders.
Under its five-year strategy, “To Create New Mengniu in 2025,” the company is ramping up its efforts in sustainable development. It has formulated “Green Sustainable Development Strategies” aligned with sustainable development goals to guide its initiatives.
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As Palmoilmagazine.com quoted from the official page of RSPO, Tuesday (5/3/2024), besides bcoming RSPO member, Mengniu is also active in double carbon strategy in China, and always trying to protect the environment and reducing carbon. In the annual meeting of Summer Davos, Mengniu decided its ambitious target to realize zero deforestation in 2030 and would collaborate with other suppliers in the globe to minimize deforestation risks in palm oil, soy, and packaging material supply chains.
As part of its sustainable strategy, Mengniu would keep applying sustainable palm oil (products) in RSPO certificate. In 2022 every palm oil product that the subsidiary of Mengniu, Bellamy’s, purchased, was certified by RSPO Identity Preserved (IP) Supply Chain Model.
Mengniu Dairy acknowledged the roles of RSPO in promoting sustainable palm oil use and development through supply chain and dialog cooperation among stakeholders’ groups. The company is committed to keep collaborating with RSPO in the future and also in developing ecology that coordinates with milk companies globally.
Joining RSPO would deliver capacity for Mengniu in sustainable development action globally. This would support the company to realize its ‘zero deforestation’ goal in 2030 and would develop responsible supply chain to stop deforestation, reduce carbon emission. This is hoped to protect natural conservation and reinforce more sustainable industrial ecosystem. (T2)
