More than 90 institutional investors representing more than US$6.7 trillion in assets have called on the Roundtable on Sustainable Palm Oil (RSPO) to strengthen its standards for certifying the sustainable production of palm oil. In a letter sent earlier this month to the RSPO, investors voiced their concerns over the group’s relevance and effectiveness and the current disconnect between corporate… Read more »
DuPont Nutrition & Health says it has completed its switch to 100% certified sustainable palm oil and palm oil derivatives used in its global emulsifier production in a transition that began in 2009.
IOI has issued a statement following its recent suspension by the Roundtable on Sustainable Palm Oil (RSPO) of its certification, for non-compliance with certain RSPO Principles and Criteria.
Grupo Bimbo announced its responsible palm oil supply policy implementation, strengthening their commitment to environmental protection and human rights. “This new policy reinforces the commitment we have had in recent decades with the environment and the community, they have evolved and strengthened over the years,” said Daniel Servitje, Chairman and CEO of Grupo Bimbo . With this policy the company… Read more »
Taking an important step forward in its commitment to sustainable palm oil, Cargill is becoming a member of The Forest Trust (TFT), the international non-governmental organization that partners with companies to build responsible supply chains.
Mondelez International today published its sustainable palm oil action plan, which prioritizes suppliers that meet the company’s sustainability principles and requires suppliers to achieve traceability by the end of 2015. In addition, suppliers must publish sustainable sourcing policies and implementation timelines by the same date.
Sales of Certified Sustainable Palm Oil (CSPO) for the first quarter ending March 31, 2014 (Q12014), have hit a new high, with a 49% increase for physical uptake of RSPO CSPO and a 54% increase for GreenPalm Certificates, compared with Q12013.
Mondelez International, Inc. (NASDAQ:MDLZ) announced today that it achieved Roundtable for Sustainable Palm Oil (RSPO) coverage for 100 percent of the palm oil it bought in 2013. This is two years ahead of the company’s existing commitment to cover all requirements by 2015 through a combination of RSPO-certified oil and Greenpalm certificates that support sustainable production.
Target date for 100% mass-balanced, RSPO-certified palm oil is a year ahead of schedule