palm oil Archives - Environment+Energy Leader

FSC Sanctions Conglomerate for Tropical Forest Destruction

July 25, 2019May 11, 2020 by Alyssa Danigelis

The Forest Stewardship Council (FSC) has sanctioned Korean-Indonesian conglomerate Korindo for clearing tropical forests in Indonesia to produce palm oil. Although the Korindo Group isn’t being expelled from the certification scheme, the company must rapidly improve its forestry operations to meet FSC standards.

Estée Lauder, BASF Seek Sustainable Sourcing, Improved Practices for Palm Oil Production

May 24, 2019August 5, 2019 by Jennifer Nastu

Two major corporations have announced a new initiative to promote sustainable palm oil practices. BASF, Estée Lauder and the Roundtable on Sustainable Palm Oil (RSPO) are partnering with civil society organization Solidaridad to promote sustainable palm oil production in Indonesia. Approximately 40% of the world’s palm production comes from smallholder farmers, ... Read more »

New Palm Oil Sustainability Standards from RSPO Adopt ‘High Carbon Stock Approach’

November 15, 2018November 15, 2018 by Jennifer Nastu

The Roundtable on Sustainable Palm Oil (RSPO) has ratified and adopted new Principles & Criteria standards for certification. The updated Principles & Criteria (P&C) include a number of new elements, including the adoption of a “no deforestation through the implementation of the High Carbon Stock Approach,” the organization says. They ... Read more »

J.M. Smucker Company Rolls Out Global Responsible Sourcing Program

September 14, 2018September 14, 2018 by Alyssa Danigelis

The J.M. Smucker Company’s new 2018 corporate responsibility report outlines how the food and beverage manufacturer is working with suppliers on responsible sourcing. The report also details the company’s work on palm oil traceability.

Investors Demand Better Standards for Sustainable Palm Oil Certification

August 17, 2018May 30, 2022 by Jennifer Nastu

An in-depth look: Institutional investors, increasingly concerned about the risks of deforestation on their investment portfolios, have called for stronger provisions for certifying the sustainable production of palm oil. More than 90 investors, representing more than $6.7 trillion in assets under management, sent

Roundtable on Sustainable Palm Oil Reinstates Nestlé

July 20, 2018July 19, 2018 by Alyssa Danigelis

The Roundtable on Sustainable Palm Oil (RSPO) reinstated Nestlé’s membership this week after the company submitted a time-bound action plan to achieve 100% RSPO certified sustainable palm oil by 2023. Earlier this month the organization had suspended Nestlé over lax reporting and failure to pay the membership fee, which counted ... Read more »

Roundtable on Sustainable Palm Oil Suspends Nestlé Over Lax Reporting

July 2, 2018September 11, 2018 by Alyssa Danigelis

The Roundtable on Sustainable Palm Oil (RSPO) has suspended Nestlé’s membership over the company’s failure to submit an annual progress report for 2016, and for delivering a 2017 report without the required time-bound plan for working toward sustainable palm oil.

New Tool Encourages Monitoring of Working Conditions in Palm Oil Plantations

June 12, 2018December 29, 2022 by Jennifer Nastu

The Roundtable on Sustainable Palm Oil (RSPO) and technology company Ulula have partnered to introduce a simplified and inclusive mechanism to report potential workers’ incidents and abuses, and to monitor employee satisfaction and social investments in oil palm plantations. The tool, which has been made available free of charge through simple ... Read more »

Iceland Axes Palm Oil from Products – An Important Move, Says Supply Chain Expert

April 10, 2018April 19, 2018 by Jennifer Nastu

Leading UK frozen food specialist Iceland plans to axe all palm oil from its own-label products by the end of this year, with 130 products to be reformulated. Moves like this are important to manufacturers as

GAR-Owned Mills Trace Palm Oil to the Plantation. So Why Should You Care?

March 2, 2018March 2, 2018 by Jennifer Nastu

Golden Agri-Resources (GAR) says that its 44 own mills have achieved 100% traceability back to the source plantation for its palm oil supply. Why bother? Companies that fail to manage their environmental performance, including deforestation, expose themselves to business risks

10 Food and Beverage Companies Commit To Sustainable Palm Oil

February 26, 2018March 2, 2018 by Alyssa Danigelis

A number of food and beverage companies based in Singapore have committed to sourcing sustainable palm oil, including 10 that signed on today.

Samsung Won’t Consort with Korindo; NGOs Claim Credit

September 13, 2017October 31, 2017 by Jennifer Nastu

Samsung IT says its subsidiary will not pursue any business with the Korean-Indonesian conglomerate Korindo, a company linked to rainforest destruction practices. A petition, launched by SumOfUs.org and delivered by Mighty Earth directly to Samsung’s Corporate Social Responsibility team, was part of an extensive two-month campaign, calling on Samsung to drop the joint venture or any business partnership with Korindo. But

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