SAP and Unilever Pilot Blockchain Technology to Support Deforestation-Free Palm Oil

SAP SE and Unilever have announced a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain. Raw materials like palm oil are often mixed with physically identical raw materials from verified sustainable and nonverified sources after the “first mile” of the supply chain, causing the origin information to be either hidden or lost. In a successful proof of concept in Indonesia, Unilever applied GreenToken to source more than 188,000 tons of oil palm fruit. The solution enabled Golden Agri-Resources…

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