OLEOFINOS' WORLD

Corporate policy


Sustainable Palm Oil Supply Policy Industrializadora Oleofinos S.A. de C.V.

Introduction

Oleofinos is a company dedicated to the refining of palm oil for supply to industries in the food sector, production of dairy formulas and personal care. Sustainable palm oil is a nutritious raw material whose production, among vegetable oils, is the most efficient in terms of land use.

Policy Framework
Oleofinos main commitment is to promote sustainability in all direct and indirect actors in the supply chain, clients, shareholders, joint ventures and suppliers, NDPE, No Deforestation, No development in peat and No Exploitation policies, in addition to maintaining as a basis the Principles and Criteria (P&C RSPO) on which it is founded.The sustainable sourcing policy covers all our oils produced, traded and subsidiaries and investments, is designed to drive market development, focusing on stopping deforestation, protecting and prohibiting the conversion of all peatlands, and improving practices for the management of peatlands. existing peatlands, promote a positive economic and social impact for people and communities, as well as ensure the traceability of the origin of palm oil through its supply chain from the plantations, passing through the collection centers, as well as the mills extraction.

Commitment
Oleofinos is committed to prohibiting deforestation, destruction, pollution and/or impacts on protected areas, as well as conserving biodiversity, making the use of natural resources in its supply chain more efficient, prohibiting logging and the use of burning or use of fire in agricultural practices in our supply chain, create a positive impact for workers, farmers and local communities.
As a result, Oleofinos is committed to ensuring that all palm oil used is traceable to identified sources. Comply with all applicable anti-bribery laws, including those based on OECD models

Principles of sustainable palm oil
1. Oleofinos palm oil suppliers must demonstrate the implementation or implementation of a traceability system in order to provide evidence of the origin of the plantations; applicable to suppliers with their own plantations or supplied by third parties, including small producers within their area of influence and where it is demonstrated that they are of legal origin, natural reserves or protected areas to convert into palm plantations, without developments in areas with High Conservation Value (HCV) or High Carbon Stocks (HCS) and using the HCSA methodology (according to http://highcarbonstock.org/the-high-carbon-stock-approach/).
Oleofinos has a cut-off date for the commitment to no deforestation and no development in peatlands after December 31, 2015.

2. Oleofinos palm oil suppliers must have a quality system that ensures that processes are traceable (followed) consistently, in the same way, establishing best practices in their plantations, such as a policy for new plantations, respect to the buffer zones, wastewater treatment, mitigation and management of greenhouse gases (GHG), in addition to an action plan or Road Map in the short, medium and long term that demonstrates the commitments and sustainability goals it has ( see Road Map Oleofinos).

3. Palm oil suppliers must have supply contracts with Oleofinos.

4. Oleofinos does not employ child labor and prohibits within its supply chain in accordance with the Worst Forms of Child Labor Convention, 1999 (No. 182), Council Guiding Principles on Business and Human Rights of Human Rights of the United Nations, human trafficking, displacement and forced labor, discrimination, as established in the Federal Law to Prevent and Eliminate Discrimination (LFPED) of March 2014, any act of violence, aggression in deed and word, harassment of any type according to the Collective Agreement of the International Labor Organization (ILO) and the applicable Mexican laws, adhering to the Federal Labor Law Oleofinos is committed within its supply chain to respecting diversity, maintaining a safe work environment, concerned about the integrity and occupational health of its collaborators, dignified and productive, safe environment, a decent salary and working hours and in accordance with the law. applicable of the corresponding country, we respect the 30 articles of Human Rights as established in the Universal Declaration of 1948.

5. Respect and recognition of the rights of all workers, equal pay.

6. Respect for land tenure rights.

7. Respect for the rights of indigenous and local communities to grant or deny their Free Prior and Informed Consent (FPIC) regarding palm expansion plans on lands over which they have legal, communal or customary rights, as well as respect and preserve cultural values.

8. We are committed to facilitating the integration of small producers in our supply chain and ensuring that freedom of association exists within our operations and chain.

9. Resolve valid claims and conflicts through an open, transparent and consultative process, in accordance with human rights and therefore with the corresponding protection for those who file a PQR (Complaints and Claims Procedure), suppliers, human rights defenders, non-governmental organizations, or any other actor in our supply chain, guaranteeing your anonymity if you wish.
PQR System Status
Sustainability Report 2019
Road Map

Complying with the corporate platforms of safety, quality and innovation, we reiterate our fundamental commitment to comply with the precepts mentioned in the 8 RSPO principles applied in our daily activities, strengthening our business strategy in the different divisions of our Organization and the satisfaction of our customers, shareholders and a cooperative and harmonious coexistence with interested parties to achieve our objectives.

Industrializadora Oleofinos S.A. de C.V.