Procurement Magazine December 2023 | Page 20

THE PROCUREMENT INTERVIEW
continually respond to emerging consumer trends . It ’ s about encouraging responsible and transparent innovation to deliver on our ambitious sustainability commitments and generate mutual growth .
We ’ re continually expanding the programme with new partners and increasing its scope with existing partners .
Last month , for example , we signed the Partnership Growth Charter with PTPN – a key partner in Indonesia for ensuring we have deforestationfree palm oil and palm kernel oil . The charter will help us drive value , resilience and innovation , beginning with ten projects in the pipeline that will unlock competitiveness and drive mutual growth sustainably and at scale .
LOOKING TO THE FUTURE
What are your priorities as you look ahead ? Fundamentally , to help our business groups to deliver on each of their strategies , we need to buy very competitively and thereby provide the funds to continuously invest behind our brands .
We ’ re also looking to intervene in the wider value chain , for our own benefit . For example , we ’ re investing in facilities for plastic recycling . Earlier this year , we made a large investment in Circular Services , a waste collection company in the US . This gives us access to the quantity and quality of recycled plastics we need , at the right cost . These kinds of investments – essentially creating whole new
20 December 2023