While oil palm cultivation is a significant economic driver and can lift people out of poverty, it can also have a negative impact on biodiversity, mostly due to the conversion of tropical forests and species-rich habitats. As palm oil remains one of the most land-efficient and shelf stable vegetable oils [1], enhancing conservation efforts to support biodiversity is vital.
At COP26, more than 100 world leaders pledged up to $19bn USD to help tackle deforestation and forest degradation, which account for 8-10% of greenhouse gas (GHG) emissions. Many ears perked up at the prospect of deforestation hot spots, such as tropical forests in Indonesia and the Amazon, receiving much needed aid packages. The commitments are huge, the intentions noble, and the support for regions devastated by deforestation long overdue. But one has to wonder: Can GHG emissions from forest cover loss really be halted?
Goldtree Achieves RSPO Certification for Nearly 5,000 Smallholders
Press Release
SIERRA LEONE, October 13, 2021 /3BL Media/ - Goldtree S.L. Ltd is happy to announce that, as of the 13th of July, our operations have achieved certification to the acclaimed Roundtable on Sustainable Palm Oil (RSPO) from internationally recognized third-party certification body SCS Global Services (SCS). This means that Goldtree can offer palm oil products that are officially certified under the standards of the RSPO.
Hershey is committed to a traceable and sustainable palm oil supply chain with no deforestation, no peatland development and no exploitation of workers. When sustainably grown, palm oil can reduce pressure on forests and biodiversity and support smallholder farmers.
Investing in the development of villages can significantly reduce poverty and inequality in Indonesia as half of the Indonesian population is still living in rural areas. As of mid-2020, the UN estimated Indonesia’s population to reach over 200 million, making it the fourth most populous country. Indonesia’s government has issued the 2014 village law and set up the Ministry of Village, Development of Disadvantaged Regions and Transmigration (Kementerian Desa, Pembangunan Daerah Tertinggal, dan Transmigrasi) to accelerate villages’ development and strengthen its capacity.
September 2, 2021 /3BL Media/ - Palm oil holds a significant place in the African region. Oil palm is indigenous to Africa — its use as a basic food crop has been vital to the inhabitants of the equatorial regions in Africa as far back as 3000 BC in Egypt. Presently, the African region is estimated to have more than 4 million hectares of oil palm production area across over 22 countries. As an emerging market for palm oil, the region accounts for approximately 5% of global palm oil output, and at least 10% of the global palm oil demand.
SPOD – Europe is a joint venture by IDH, The Sustainable Trade Initiative, and the European Palm Oil Alliance, and the FPC joins the Roundtable for Sustainable Palm Oil as event sponsors.
PARIS, April 1, 2021 /3BL Media/ — Six months after being officially launched at New York Climate Week, The Consumer Goods Forum (CGF) Forest Positive Coalition of Action has published its first-ever report,
20 of the world’s leading consumer goods companies, members of The Consumer Goods Forum, take collective action to address the challenge of forced labour in their supply chains
In line with international agreements, Coalition members have developed a framework for deploying forced labour-focused Human Rights Due Diligence systems in their operations to identify, remedy and prevent forced labour risks and impacts
