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Louis Dreyfus Company

Member since September 2016

Introduction

Louis Dreyfus Company (LDC) is a leading merchant and processor of agricultural goods, leveraging its global reach and extensive assets network to deliver its products safely, responsibly and reliably around the world. Founded in 1851, LDC is now present in six regions, where it operates 10 different business platforms, including oilseeds, grains, freight, global markets, coffee, cotton, sugar, rice, dairy and juice.

Objectives

In line with their Palm Sustainability Policy, Earthworm Foundation and LDC’s current work plan is organised into four work streams that build on each other to support policy implementation. These include traceability, supplier policy implementation, grievance and risk assessment, and supplier engagement.

Key Stats

100% of Indonesia refineries traceable to mill as of H1 2019
93% of Singapore commercial operations traceable to mills as of H1 2019
95% of total palm oil volumes traceable to mill as of H1 2019

Key Milestones

Jun 2018

During the first half of 2018, LDC traced 93% of palm oil volumes flowing from mills to its Indonesian refineries and commercial operations in Singapore, up from 81% in FY 2015, 88% in FY 2016, and 92% in FY 2017.

Oct 2018

In October 2018, 35 mills attended a workshop on LDC’s Palm Sustainability Policy and Earthworm’s Tools for Transformation (T4T) system.

Nov 2018

Earthworm Foundation facilitated the roll-out of T4T’s self-assessment questionnaire to all LDC suppliers in Balikpapan and Lampung, Indonesia.

Jul 2019

LDC held a thematic training on HCV-HCS Management and Monitoring Plans for all LDC Indonesia refinery suppliers in Samarinda, East Kalimantan.

Our work

To understand supplier practices with regard to its Palm Sustainability Policy, LDC is using Earthworm Foundation’s Tools for Transformation (T4T) system to pioneer a self-assessment process for all its refinery suppliers in Indonesia. Data collected from self-assessment questionnaires will be used to inform supplier engagement and transformation initiatives. Additionally, LDC and Earthworm Foundation continue to trace the flow of palm oil to the mill level bi-annually for LDC’s Indonesian refineries and LDC Singapore commercial operations, and monitor grievances raised by NGOs and other stakeholders.

News & Stories

Louis Dreyfus Company and Earthworm host training on High Conservation Value and High Carbon Stock management and monitoring plans

Oct 23, 2018

Towards Collaboration and Transparency

Jul 30, 2018

Tools for palm oil producers transformation