Palm oil buyers to be rated on sustainability targets
A checkout conveyor belt containg many typical products at a supermnarket in the UK. Cakes, biscuits, chocolate, confectionery, meat, frozen fish, spreads, cereals, sweets, cosmetics, crisps, snacks, cleaning and hygene products amongst the items - Many products contain a surprising amount of Palm Oil.
WWF will issue the next International Palm Oil Buyers Scorecard in 2016 to assess progress by member companies of the Roundtable on Sustainable Palm Oil (RSPO) to purchase sustainably-certified palm oil. Several major brands committed to achieve 100 per cent sourcing of RSPO-certified palm oil by 2015, so this scorecard will identify whether these targets were met. To bring more transparency to the industry the scorecard will also look at international companies that have not yet made commitments and let consumers know which of their favourite brands are taking real steps to avoid deforestation from their supply chains. The RSPO standard requires producers to protect valuable forests and implement a comprehensive set of wider social and environmental safeguards.