2009 Palm Oil Buyers' Scorecard
What was the result?
The Scorecard revealed that while several companies in Europe that purchase palm oil are on the right track, most have yet to capitalize on the availability of certified sustainable palm oil to ramp up their sustainability practices.Why did WWF produce the Scorecard?
Palm oil is a valuable commodity – but oil palm cultivation can have disastrous impacts on people and the environment.Certified sustainable palm oil is one solution. However, although it is available in sufficient quantities, only a small portion of available certified sustainable palm oi has actually been bought.
We produced the scorecard to:
- Hold up a mirror to major European retailers and manufacturers who buy palm oil, setting a baseline level of performance against which these companies can measure their improvements on sustainable palm oil sourcing over the coming years
- Build awareness of sustainable palm oil among companies both inside and outside of the EU and demonstrate that companies can be part of the solution
- Show palm oil producers around the world that there is a mainstream and growing market for sustainably produced palm oil
What's next?
Our assessment of companies in the future will set even higher benchmarks on their use of certified sustainable palm oil.Check the 2011 Scorecard
Commitments since the Scorecard was released
- Waitrose makes sustainable palm oil pledge (03/12/09)
