Shareholders Persuade Dunkin’ Donuts and Starbucks to Commit to Certified Sustainable Palm Oil | WWF

Shareholders Persuade Dunkin’ Donuts and Starbucks to Commit to Certified Sustainable Palm Oil

Posted on
18 April 2013
Two recent developments show the influence that informed shareholders and investors can have in helping to transform global commodity supply chains. Dunkin' Donuts has committed to source 100% Roundtable on Sustainable Palm Oil (RSPO) certified palm oil. The move came after the New York State Comptroller filed a shareholder resolution asking Dunkin' Donuts to address the social and environmental concerns associated with palm oil.

Unfortunately Dunkin' Donuts has not actually committed to a date for its sourcing policy to go into effect, nor is it clear whether the policy will apply to overseas operations. For example, Dunkin' Donuts brand has a large presence in Indonesia where palm oil is widely used as cooking oil.

The move came shortly after Starbucks announced it would use only RSPO-certified palm oil by 2015 across its global operations, in response to a shareholder resolution filed by the Green Century Balanced Fund, an environmentally responsible mutual fund.

Mongabay, Sustainablebusiness.com, NPR

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