Dairy Crest takes the issue of Sustainable Palm Oil very seriously. We use a variety of vegetable oils in the manufacture of our dairy spread brands and, as part of this process we do use some palm oil derivatives. As a company we have been making huge strides in improving all of our supply chains and we are committed to protecting and minimising disturbances to the global environment.
To this end, we have made a number of commitments to sustainable palm oil sourcing and taken decisive action to ensure we meet these commitments. Firstly, we are working members of the Roundtable on Sustainable Palm Oil (RSPO). Secondly, we ensure all our suppliers are members of the RSPO and only work with companies who follow its principles. Thirdly, we have secured GreenPalm certificates to cover the requirements of our entire business for 2013.
In purchasing our Green Palm certificates, we secured off-market deals for over 85% of our requirement and we are looking to increase this proportion going forward. This method allows us to carry out due diligence on the suppliers we are purchasing from, prior to purchase. This transparency allows us to buy certificates safe in the knowledge that Dairy Crest are operating to exemplary standards, as expected from the UK's leading manufacturer of Dairy Spreads.
I hope these actions prove we are taking positive steps to tackle the unsustainable cultivation of palm oil. Doing the right thing really matters to Dairy Crest and we have made real progress in the past few years. We were delighted to have this recognised by Business in the Community (BITC) when we came second in their Responsible Business of the Year Awards last month but we do have further to go.
A sustainable business will not only improve the way we fulfil our responsibilities to society, but also support our vision of delivering better environmental solutions for the consumer as well as greater long-term shareholder value.
 Roundtable on Sustainable Palm Oil (RSPO), is an industry led initiative set up in co-operation with the conservation organisation World Wildlife Fund (WWF) in 2004.
 GreenPalm is a certificate trading programme, endorsed by the RSPO, which is designed to tackle the environmental and social problems created by the production of palm oil. By selling certificates through the GreenPalm programme, palm oil producers can earn more for their crop through sustainable farming.