date:Jun 25, 2014
FMCG giant Nestle is planning to increase its direct sourcing of commodities.
The group will double the ratio of commodities it sources directly in the coming years, said chairman Peter Brabeck-Letmathe in an interview.
The move is in line with its policies to support rural development and responsible sourcing.
The food company will increase the cocoa it sources from farmers under the Nestle Cocoa Plan to 80,000 tonnes in 2014 an increase of 17,000 tonnes on last years figures.
Nestle will