Palm oil supplier IOI Corporation Berhad has ditched plans to sue the Roundtable on Sustainable Palm Oil (RSPO), saying it has “engaged” with customers, NGOs and the RSPO to resolve the matter.
Dispatches from Euro Fed Lipid Congress, Montpellier
Certified Sustainable Palm Oil could remain a niche product unless it gains importance in India and China, according to former RSPO director Jan Kees Vis.
Demand for the sustainable oil is rising faster than supply for the first time as total sales of Certified Sustainable Palm Oil (CSPO) reach more than 2.4 million metric tonnes (MT).
A new sustainable palm oil scheme has met with criticism from environmentalists claiming that it actually allows deforestation, rather than stopping it.
As the pressure to source sustainable palm oil has intensified, several big names in the US from Kroger and Walmart to McDonald’s and Dunkin Donuts have said that by 2015, they will only use RSPO (Round Table for Sustainable Palm Oil) certified products.
The business benefits gained from adopting sustainable palm principles outweigh the costs of implementation – meaning the sustainable route may be an opportunity for better for revenues – finds a WWF report.
The first one million hectares of certified land for sustainable palm production marks ‘a turning point’ for industry, according to the Roundtable on Sustainable Palm Oil (RSPO).
Food manufacturers are using certified sustainable palm oil in their products – and making claims about it – when they are not members of the Round Table on Sustainable Palm Oil (RSPO) and have not have their facilities RSPO audited and certified, one...
The Roundtable on Sustainable Palm Oil (RSPO) meets this month to
discuss the critical issue of moving from a definition of
'sustainable palm oil' to defining its uptake and use in the
market.
