Nestl chairman speaks out on food crisis by ProQuest


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									          inform November 2008, Vol. 19 (11)             733

       material manager, “so much of this is based
       on how the plantations take up certifica-
       tion and how quickly it can flow through
       the system.”
            She added that while the GreenPalm
       system might be suitable as a short-term
       option, the firm did not believe it was the
       most robust. “We want to have full visibil-
       ity of our materials and only a fully segre-
       gated supply—the slowest-moving supply
       chain system—gives us this,” she said.

       Nestlé chairman
       speaks out on
       food crisis
       “The largest single cause for our current
       predicament [the global food crisis] is a
       combination of poor judgment and irre-
       sponsible decisions made by policy makers
       around the world,” said Peter Brabeck-Let-
       mathe, chairman of Nestlé, S.A. Brabeck-
                                                            India: Oil imports increase
                                                            The import of edible oils into India in August 2008 reached 569,538 metric
       Letmathe spoke in early October 2008 at an
       event sponsored by the Foreign Policy As-            tons (MT) compared with 532,456 MT in July 2008 and 469,234 MT in August
       sociation (Great Falls, Virginia, USA).              2007, according to the Solvent Extractors’ Association of India (SEA). Imports of
            At the event, he addressed the global           nonedible oil were at 53,375 MT in August 2008 compared with 46,738 MT for
       food crisis and shared his views on “what            the same month last year, the group said.
       needs to be done to improve our collective               From November 2006 to August 2008, the total import of edible oil is re-
       ability to feed the world.” Brabeck-Let-             ported at 4,198,550 MT compared with 3,767,003 MT—an increase of 21%. Im-
       mathe focused on four major issues—pro-              port of nonedible oil reached 562,781 MT compared with 529,611 MT—a rise
       tectionism, lower agricultural productivity,         of 6%.
       the expanding use of biofuels, and the over-              SEA also reported that import of refined, bleached, and deodorized palm-
       exploitation of water.                               olein has risen, with 115,170 MT reported in August 2008, compared with 77,973
            He offered some solutions to alleviate          MT in the previous month. The increase was primarily due to purchases by the
       the crisis and challenged the governments            government for the public distribution system, the group noted.
       of the world to come up with better solu-
       tions. He discussed what Nestlé is doing to
       resolve the problem.
            In his remarks, Brabeck-Letmathe            vain if governments throughout the world             Sustainable Oils, a jo
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