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New Palm Oil Council Signals Dark Times Ahead For Sustainability

November 16, 2015: 12:00 AM EST
Euromonitor wonders about the future of sustainable palm oil, now that Malaysia and Indonesia have set up a bilateral council to regulate production currently monitored by industry led voluntary frameworks such as the Roundtable on Sustainable Palm Oil (RSPO). The new Council of Palm Oil Producing Countries (CPOPC) could force companies into making difficult decisions regarding their palm oil purchasing policy, according to Euromonitor. The CPOPC has asked palm oil companies to roll back plans to enforce the 2014 Indonesian Palm Oil Pledge whose goal is to curb deforestation in palm oil production. The key question: will big palm oil users, like Mars, Mondelez and PepsiCo, have to realign their palm oil sustainability commitments due to pressure from CPOPC?
Alan Rownan, "CPOPC Could Spell Trouble for Sustainable Palm Oil", Blog, Euromonitor International, November 16, 2015, © Euromonitor
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