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Key developments towards 100% CSPO by 2020
CSPO Watch was launched in late 2017 to track corporate commitments to the use of certified sustainable palm oil (CSPO) and the overall commitment to remove deforestation from corporate supply chains.
These commitments, if realized, could have far-reaching impacts on reducing the ecological footprint of the average consumer as the commitments have been made by all sectors of industries including food, financial services and other consumer products.
As in any new movements towards change, it has always been industry leaders and pioneers that have beaten a path for others to follow. Here on CSPO Watch, we will be monitoring the progress of these commitments with a focus on the north American market where sustainability has traditionally been a low priority compared to markets like Europe.
Key developments towards 100% CSPO by 2020 presented below by date.
These commitments, if realized, could have far-reaching impacts on reducing the ecological footprint of the average consumer as the commitments have been made by all sectors of industries including food, financial services and other consumer products.
As in any new movements towards change, it has always been industry leaders and pioneers that have beaten a path for others to follow. Here on CSPO Watch, we will be monitoring the progress of these commitments with a focus on the north American market where sustainability has traditionally been a low priority compared to markets like Europe.
Key developments towards 100% CSPO by 2020 presented below by date.
FEDIOL monitoring data for 2019 shows contrasting developments of sustainable palm and palm kernel oil up-take
FEDIOL undertakes a yearly survey which covers intake volumes of crude palm oil and palm kernel oil entering the EU refineries of member companies participating in the survey. The data released today shows that 63% of palm oil and fractions and 49% of palm kernel oil entering refineries were certified sustainable, a result that underpins the difficulty in supply chain transformation and the need to continue engaging all players around the same effort. Read the full statement here
FEDIOL undertakes a yearly survey which covers intake volumes of crude palm oil and palm kernel oil entering the EU refineries of member companies participating in the survey. The data released today shows that 63% of palm oil and fractions and 49% of palm kernel oil entering refineries were certified sustainable, a result that underpins the difficulty in supply chain transformation and the need to continue engaging all players around the same effort. Read the full statement here
RSPO logo. Click to read press release
UNITING TO DELIVER DEFORESTATION-FREE SUSTAINABLE PALM OIL MORE CRITICAL THAN EVER
Zoetermeer, The Netherlands, 29 April 2020: The Roundtable on Sustainable Palm Oil (RSPO) has today released a position paper - ‘Delivering Deforestation-free Sustainable Palm Oil’ - endorsed by the RSPO Market Development Standing Committee, in response to the European Commission’s communication, ‘Stepping up EU Action to Protect and Restore the World’s Forests’. RSPO welcomes the introduction of different measures and initiatives that aim to reduce the climate impact of European consumers across various commodities, including palm oil, and to work towards the implementation of the UN Sustainable Development Goals and the UN COP21 Paris Climate Agreement. Read press release
Zoetermeer, The Netherlands, 29 April 2020: The Roundtable on Sustainable Palm Oil (RSPO) has today released a position paper - ‘Delivering Deforestation-free Sustainable Palm Oil’ - endorsed by the RSPO Market Development Standing Committee, in response to the European Commission’s communication, ‘Stepping up EU Action to Protect and Restore the World’s Forests’. RSPO welcomes the introduction of different measures and initiatives that aim to reduce the climate impact of European consumers across various commodities, including palm oil, and to work towards the implementation of the UN Sustainable Development Goals and the UN COP21 Paris Climate Agreement. Read press release
RSPO MEMBERS AGREE ON NEW PALM OIL STANDARD TO HALT DEFORESTATION AND IMPROVE HUMAN RIGHTS PROTECTION
KOTA KINABALU, SABAH, MALAYSIA: 15 November 2018 - Aptly themed “A Renewed Commitment to Achieving Market Transformation”, the Roundtable on Sustainable Palm Oil (RSPO) concluded its 16th Annual Roundtable Conference on Sustainable Palm Oil (RT16) and 15th Annual General Assembly (GA15) today, with a newly ratified and adopted certification standard aimed to universally strengthen social development, environmental protection, and economic prosperity across the sustainable palm oil value chain
Read press release
KOTA KINABALU, SABAH, MALAYSIA: 15 November 2018 - Aptly themed “A Renewed Commitment to Achieving Market Transformation”, the Roundtable on Sustainable Palm Oil (RSPO) concluded its 16th Annual Roundtable Conference on Sustainable Palm Oil (RT16) and 15th Annual General Assembly (GA15) today, with a newly ratified and adopted certification standard aimed to universally strengthen social development, environmental protection, and economic prosperity across the sustainable palm oil value chain
Read press release
Palm oil: ESG policy transparency assessments
SPOTT assesses 70 palm oil producers and traders on the public disclosure of their policies, operations and commitments to environmental, social and governance (ESG) best practice. Each company receives a percentage score as a measure of its transparency in relation to ESG risks.
Read the 2018 assessment.
SPOTT assesses 70 palm oil producers and traders on the public disclosure of their policies, operations and commitments to environmental, social and governance (ESG) best practice. Each company receives a percentage score as a measure of its transparency in relation to ESG risks.
Read the 2018 assessment.
Deforestation-linked palm oil still finding its way into top consumer brands: report
- A new report by Greenpeace finds that palm oil suppliers to the world’s largest brands have cleared more than 1,300 square kilometers (500 square miles) of rainforest — an area the size of the city of Los Angeles — since the end of 2015.
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