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Hershey Co. to use sustainable palm oil by end of 2014

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Chocolate giant The Hershey Co. said today it will move to using 100 percent sustainable and traceable palm oil for its confections by the end of 2014, as well as requiring it of suppliers.

The Hershey Co. is committed to continuous improvement and transparency in our sustainable sourcing efforts. Our move to source 100 percent traceable palm oil is the latest step forward in our efforts to ensure we are sourcing only sustainably grown palm oil that does not contribute to the destruction of wildlife habitat or negatively impact the environment,” Frank Day, Hershey’s vice president of global commodities, said in a news release this morning.

The Dauphin County-based company had previously committed to using palm oil that’s certified by the Roundtable on Sustainable Palm Oil by 2015, so the commitment today is a significant advancement of that goal, according to the company.

Hershey also will require sustainability and traceability of its suppliers, including independent verification, the company said. The company’s suppliers will have to verify that palm sources:

• Do not contribute to deforestation or the destruction of wildlife habitat.

• Do not clear high-carbon-stock forests.

• Do not contribute to peat land expansion.

• Operate in compliance with local laws and regulations.

Hershey, based in Derry Township, has been moving toward greater sustainability in its ingredient sourcing in recent years.

The company trades its shares on the New York Stock Exchange under the ticker symbol HSY.

Jim T. Ryan

Jim T. Ryan

Jim T. Ryan covers Cumberland County, manufacturing, distribution, transportation and logistics. Have a tip or question for him? Email him at jimr@cpbj.com. Follow him on Twitter, @JimTRyanCPBJ.

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