Spanish vegetable oil company Lípidos Santiga (LIPSA) and Philippine agribusiness Dumaguete Coconut Mills (DUCOM) have become the first companies to be verified under the Sustainable Coconut Charter.
DUCOM was the first company verified under the Origin Standard, while LIPSA was the verified under the Supply Chain Standard, the Sustainable Coconut Partnership (SCP), which administers the charter, said in a 27 March LinkedIn post.
Developed as a collaboration between buyers, processors and producers to improve farmers’ livelihoods, protect the natural environment and build climate resilience, the charter’s aim is to harmonise requirements across long and complex coconut supply chains, and improve traceability and transparency.
LIPSA is a leading supplier in the market and the largest vegetable oil refinery in southern Europe, with a processing capacity of more than 900,000 tonnes/year.
Philippines-based agribusiness DUCOM is involved in the processing and manufacturing of coconut-derived products, including copra, coconut oil and meal.
