# Nestlé targets palm oil deforestation with ‘game-changing’ satellite monitoring tech

> Nestlé will use the Starling satellite monitoring tool, developed by Airbus and The Forest Trust, to track deforestation across 100% of its global palm oil supply chain by the end of 2018. The company reported 63% of its supply chain was deforestation-free as of 2017.

- Date: 2018-09-14 · published 2018-09-14T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/63054-nestle-targets-palm-oil-deforestation-with-game-changing-satellite-monitoring
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Corporate traceability programmes add to pressure for deforestation-free palm oil, which may favour certified supply but has little immediate effect on prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-04 | [The EU’s Game-Changing Law to Fight Global Deforestation \| Earth.Org](https://feedsoft.ai/events/37817-the-eu-s-game-changing-law-to-fight-global-deforestation-earth-org.md) | -4.5% | -7.0% |
| PALMOIL | 2018-11-07 | [Forests Week: A poster child for deforestation, palm oil is slowly moving towards sustainability - EIA](https://feedsoft.ai/events/62075-forests-week-a-poster-child-for-deforestation-palm-oil-is-slowly-moving-towards.md) | -4.4% | -5.5% |
| PALMOIL | 2024-09-27 | [Malaysia to support palm oil producers' compliance with EU deforestation law \| Reuters](https://feedsoft.ai/events/28329-malaysia-to-support-palm-oil-producers-compliance-with-eu-deforestation-law.md) | +6.8% | +9.7% |
| PALMOIL | 2023-06-12 | [Big palm oil players say EU deforestation law will not hurt exports](https://feedsoft.ai/events/35525-big-palm-oil-players-say-eu-deforestation-law-will-not-hurt-exports.md) | +5.9% | +14.8% |
| PALMOIL | 2016-11-16 | [MEP calls for EU trade to tackle palm oil driven deforestation](https://feedsoft.ai/events/73862-mep-calls-for-eu-trade-to-tackle-palm-oil-driven-deforestation.md) | +0.7% | +6.8% |

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2018/09/14/Nestle-targets-palm-oil-deforestation-with-game-changing-satellite-monitoring-tech/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.