JDE Peet N: Cargill & IDH partner with JDE Peet’s to help independent smallholders transition to sustainable palm oil production in Indonesia

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Cargill & IDH partner with JDE Peet’s to support independent smallholders

Step towards sustainable palm oil production in Indonesia

October 18, 2021, Jakarta, Indonesia | IDH – The Initiative for Sustainable Trade & Cargill announced today that they have signed a new multi-year agreement with JDE Peet’s (EURONEXT: JDEP). support independent smallholders in Ketapang, West Kalimantan, towards sustainable palm oil production in Indonesia.

This partnership and continued working with key stakeholders in the palm oil supply chain is a key milestone in JDE Peet’s commitment to sourcing 100% coffee, tea and palm oil from responsible sources by 2025.

This joint program builds on the partnership between IDH and Cargill under the program “Development of the 1stNS physically sustainable palm oil procurement from independent 3approx Party in KetapangIn 2021, the project is already helping at least 3,000 smallholders better understand their sustainability performance, increase productivity, and align business practices with international sustainability standards. Cargill has made a long-term commitment to sourcing that will lead to an increase in physical sourcing the Cargill mills from the surrounding third-party crops.

“We are proud to partner with Wild Asia through our Common Grounds program to promote a sustainable palm oil program in Sabah, Malaysia. Today we are entering this new partnership with Cargill & IDH on Sustainable Palm Oil in Indonesia, an oil producing countries will help us better fulfill our commitment to sustainability of our palm oil sourcing and supporting the livelihood of smallholders. By joining the partnership, JDE will also become the Support compliance with national (ISPO) and international (RSPO) palm oil sustainability standards. . ” says the sustainability director of JDE Peet, Nadia Hoarau-Mwaura.

Leonardo Aguiar, Managing Director of Cargill Tropical Oils continued: “JDE’s support is a strong signal to show that everyone involved in the supply chain must also work together at field level to support independent smallholders towards sustainable palm oil practices. Cargill is committed to a transparent, traceable and sustainable palm oil supply chain by adhering to the No Deforestation, No Peat and No Exploitation (NDPE) policy. We are committed to protecting the environment and improving the livelihoods of the communities in which we operate while meeting the growing demand for sustainable palm oil ”.

Media contact:

Farhana Asnap

Aris Wanjaya

Jamie Menon

Cargill

IDH

JDE Peets

E: farnana @ asnap @ cargill.com

E: [email protected]

E: [email protected]

Phone: +62811140736

Phone: +6282110835058

Phone: +65 872 55 411

About Cargill

Cargill’s 155,000 employees in 70 countries work tirelessly to achieve our goal of feeding the world safely, responsibly and sustainably. Every day we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 154 years of experience with emerging technologies and insights to serve as a trusted partner for food, agricultural, financial and industrial customers in more than 125 countries. Side by side, we are building a stronger, sustainable future for agriculture.

About Cargill in Indonesia

Cargill began doing business in Indonesia in 1974 with the establishment of a feed factory in Bogor, West Java. Today Cargill is headquartered in Jakarta and employs more than 19,000 people. We have 60 locations with offices, manufacturing facilities, and facilities across the country and our business activities include animal nutrition, processed chicken products, cocoa, copra, processed food exports, palm oil and refined palm oil, and sweeteners. For more information please visit http://www.cargill.co.id.

About IDH, The Sustainable Trade Initiative

IDH, the Sustainable Trade Initiative (IDH), is restoring thriving markets with better jobs, better incomes and a better environment. When IDH is successful, companies rebalance the relationships between the workers they employ, the customers they serve, and the planet that serves us all. IDH does this by creating public-private partnerships and using data to develop, test, and invest in more sustainable business practices. IDH is headquartered in the Netherlands, employs over 250 people worldwide, operates in 20 value chains and procurement regions with over 600 public and private partners. In 12 years of operation, IDH has generated over € 390 million in private sector investments and support for new business models with a positive impact. This has reached 4 million farmers with access to finance or good farming practices; supports the protection, restoration and sustainable rehabilitation of over 550,000 hectares of agricultural land; improved the working conditions and wages of over 580,500 workers. IDH’s work is made possible by funding and the trust of several European governments and private foundations. For more information, see www.idhsustainabletrade.comor follow @IDHTradeon Twitter and LinkedIn.

About JDE Peet’s

JDE Peet’s is the world’s leading pure coffee and tea company, serving around 4,500 cups of coffee or tea per second. JDE Peet’s unleashes the possibilities of coffee and tea in more than 100 countries with a portfolio of over 50 brands, including L’OR, Peets, Jacobs, Senseo, Tassimo, Douwe Egberts, Pickwickand Moccona. In Asia, the company is also known for its local gems such as Super, Old Town White Coffee and Maxwell House. In 2020, JDE Peet generated total sales of 6.7 billion euros and employed more than 19,000 people worldwide. Read more about our journey to coffee and tea for every cup below www.JDEPeets.com.

Disclaimer of liability

JDE Peets NV published this content on October 18, 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unchanged, on October 18, 2021 7:11:03 AM UTC.



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