Investing in Regenerative Agriculture and Food 305 Scott Poynton – Crises drive change: stories from within the transformation of Nestlé's palm oil value chain
A conversation with Scott Poynton, founder of the Forest Trust, now known as the Earthworm Foundation, about supply chains, environmental regeneration and addressing environmental scandals from the forests of rural Australia to his groundbreaking work with major corporations like Nestlé on no-deforestation commitments. Scott’s experiences in Vietnam’s Mekong Delta, Tasmania, and reforestation projects reveal the intricate balance between economic growth and environmental conservation.
Do you remember a few years ago Greenpeace released a video with a kitkat chocolate with an orangutan' finger in it, which very clearly made the statement that much of the palm oil the Nestlé owned company were coming from deforested plots in Indonesia which were home to the orangutans? And before that, the scandal on teak garden furniture, which in the nineties suddenly a lot of European household had teak garden furniture on their balconies or on their terraces? A lot of that wood came from illegal logging in Cambodja smuggled over the borders by members of the Red Khmer and sold to furniture companies in Vietnam.
What do you do as a company when you are hit by a supply chain scandal like this? In both of these cases, the companies called Scott to help fix it. Not their public image, but the actual supply chain. Get traceability in, no deforestation rules and monitoring, social programmes, etc. Learn from the fascinating journey of this forester born in Australia who founded the Forest Trust. It's regeneration, both socially, economically, and environmentally at scale, and learn why he is so excited about biochar.
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In Investing in Regenerative Agriculture and Food podcast show we talk to the pioneers in the regenerative food and agriculture space to learn more on how to put our money to work to regenerate soil, people, local communities and ecosystems while making an appropriate and fair return. Hosted by Koen van Seijen.
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The above references an opinion and is for information and educational purposes only. It is not intended to be investment advice. Seek a duly licensed financial advisor or investment professional before making any financial decisions.
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