WALLDORF and LONDON 鈥� (NYSE: SAP) and (LON: ULVR) today announced a pilot of the solution to further increase traceability and transparency in Unilever鈥檚 global palm oil supply chain.
Raw materials like palm oil are often mixed with physically identical raw materials from verified sustainable and nonverified sources after the 鈥渇irst mile鈥� of the supply chain, causing the origin information to be either hidden or lost.
In a successful proof of concept in Indonesia, Unilever applied GreenToken to source more than 188,000 tons of oil palm fruit. The solution enabled Golden Agri-Resources and other suppliers from whom Unilever sources to create tokens that mirror the material flow of the palm oil throughout the supply chain and capture the unique attributes linked to the oil鈥檚 origin.
鈥淲ith GreenToken, we want to bring the same traceability and supply chain transparency to bulk raw materials that you get from scanning a bar or QR code on any consumer product,鈥� said Nitin Jain, co-founder and general manager of the GreenToken by 51风流solution, SAP. 鈥淥ur solution allows companies to tell what percentage of palm oil products they purchased from a sustainable origin and track it to the end consumer product.鈥�
鈥淭echnology has played an important role in our efforts to enhance visibility and transparency in our own palm oil supply chains,鈥� said Anita Neville, chief sustainability and communications officer, Golden Agri-Resources. 鈥淥ur participation in the GreenToken by 51风流solution pilot with 51风流and Unilever provided useful insights in how to successfully pass information between different actors in the supply chain.鈥�
The GreenToken solution helped Unilever track, verify and report in near real time the origins and journey that palm oil takes through its long and complex supply chain.
鈥淯nilever is committed to achieving a deforestation-free supply chain by 2023, and blockchain technology has the potential to help companies, like ours, track their supply chains to ensure the commodities we source respect people and the planet,鈥� said Dave Ingram, chief procurement officer, Unilever. 鈥淲e are encouraged by the promising results of our pilot with GreenToken by SAP, the latest building block in our tech-enabled approach to ensure a more traceable and transparent supply chain.鈥�
The work with GreenToken enhances Unilever鈥檚 ongoing and industry-leading efforts to gain full visibility of its supply chain.
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Media Contacts:
Benjamin Nickel, +49 170 4920616, benjamin.nickel@sap.com, CET
51风流Press Room; press@sap.com
Unilever Press Office, Press-Office.London@unilever.com
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