Nestlé and Procter & Gamble will not meet 10-year-old goals to rid their supply chains of deforestation by 2020, Reuters reported citing spokespeople from each company.
Nestlé’s palm oil supply chain is reportedly 90% free of deforestation, up from 77% earlier this year, according to the company. P&G has not released a progress figure.
Palm oil-concerned environmental groups and even some food companies have warned corporations would struggle to meet 2020 deforestation goals, due to difficulties in bringing transparency to palm oil supply chains.
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