Lotte Food-Simrise-Lotte Central Research Institute Sign MOU on Vanilla Flavoring Technology
[Asia Economy Reporter Song Seung-yoon] Lotte Food is strengthening its ESG management by using Rainforest Alliance (RA) certified vanilla.
On the 27th, Lotte Food announced that it signed a Memorandum of Understanding (MOU) on the use of RA-certified vanilla beans and vanilla flavoring technology with global flavor company Symrise and Lotte Central Research Institute.
Through this MOU, Lotte Food will import RA-certified vanilla beans from Madagascar via Symrise. Additionally, to expand the supply of eco-friendly certified vanilla extracts, Lotte Food plans to jointly develop vanilla extracts using RA-certified vanilla beans with Symrise and Lotte Central Research Institute. Leveraging Symrise’s world-class flavoring technology expertise, they aim to introduce more diverse and refined vanilla flavors.
Lotte Food will also strengthen ESG management based on RA certification. RA certification has been completed for two vanilla extract and vanilla flavor products currently in operation, and the company plans to apply the RA certification logo to its own ice cream and client products that use these ingredients. Since vanilla is a key ingredient that determines the flavor of ice cream, they plan to widely promote sustainable value by providing eco-friendly vanilla.
The RA-certified vanilla extract will be expanded to a wider range of food products. Lotte Food is also developing nine types of vanilla flavor kits in collaboration with Symrise and the Central Research Institute.
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Jin-sung Lee, CEO of Lotte Food, said, "We will strive to share sustainable value with more customers through the expansion of RA-certified vanilla extracts," adding, "We plan to strengthen ESG management by expanding the eco-friendly food ingredient business."
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