The purpose of this Forest Sustainability Knowledge Hub is to share news, reports and other content on the latest developments to stakeholders in the forest risk commodity supply chain, to help stakeholders share, co-create, research and build capacity to enhance the application of sustainable palm oil certified products and other forest friendly certified products, and ultimately to promote the industry and reduce deforestation risks.
*This is a special issue in October 2021, with popular contents from monthly newsletter issues 01-03.
After Indonesia imposed heavy taxes on edible oil exports last year, Malaysia has surpassed Indonesia to become the largest exporter of crude palm oil to India, the largest consumer in 2020-2021.
Key Words: Malaysia, Indonesia, India, crude palm oil
Original title: Malaysia surpasses Indonesia to become India's top palm oil supplier | The Economic Times
Indonesia is home to the third largest tropical forest in the world and the largest palm oil producer. A three-year ban on plantation permits issued by the country will expire in September this year. However, environmentalists say that Indonesia should permanently ban the issuance of new palm oil plantation permits to advance the process of tackling deforestation and meet its climate goals.
Keywords: Indonesia, palm oil plantation
Original title: To hit climate goals, Indonesia urged to ban new palm oil plantations forever | Eco-Business
Using the "RSPO Principles and Standards for Sustainable Palm Oil Production" 2018 edition as the measurement standard, all 15 concession integrated factories of Musim Mas in Indonesia have obtained 100% RSPO certification.
Keywords: Musim Mas, RSPO, certification
Original title: Musim Mas achieves 100% RSPO P&C Certification against the 2018 Standards | Musim Mas
Due to
rising prices of global agricultural products, lower-than-expected production, and optimism about demand, the trading prices of palm oil for
various purposes such as edible oil, chocolate, and detergents are more than 40% higher than the five-year average. Growers believe that the time is ripe to snap up the assets of the
plantation.
Keywords: Price of agricultural products, rising prices, plantation
Original title: [亚洲]棕榈油价格上涨可能推动种植园交易狂潮 | 中国食品土畜进出口商会
Unilever's second quarterly report showed that due to accelerating cost inflation, its basic operating profit margin fell by 1 percentage point to 18.8% in the first half of this year. Specifically, the price of palm oil used in the production of the company's personal care products has increased by 70% compared to last year. In addition, the cost of soybean oil has increased by 80%, the cost of crude oil has increased by 60%, and the cost of shipping increased by 40%-50%. Currently, this consumer goods giant is considering increasing prices to offset cost pressures.
BASF released the fifth edition of the "Palm Progress Report" and promised to realize that all palm oil and palm kernel oil purchased will be certified by the Sustainable Palm Oil Round Table Initiative (RSPO) from 2020, and palm oil and palm kernel oil will be realized by 2025 Certified procurement of important intermediates (such as fatty alcohols, fatty acids, etc.) as raw materials.
In order to raise consumers'awareness of the complexity of sustainability issues in the palm oil supply chain, Nestlé launched the “Beneath the Surface” interactive video platform on August 11, 2021, allowing viewers to directly experience Nestlé's Some challenges in sourcing palm oil.
Keywords: Consumer participation, palm oil, sustainable purchasing, video platform, Nestlé
Original title: Nestlé launches palm oil consumer platform | food and drink technology
Adani Wilmar, India's largest palm oil importer and retailer, is inviting the public to buy shares in the company. According to media reports, this "initial public offering" (IPO) is aimed at expanding the company's business, repaying debt and acquiring other industry participants.
Keywords: Adani Wilmar, IPO, palm oil
Original title: Adani’s palm-oil IPO a potential threat to water, farmers, tribal lands and wildlife | AdaniWatch
Six FMCG brands and retailers are at the forefront of the WWF 2020 Palm Oil Buyers Scorecard, and each adopts different approaches to achieve sustainable palm oil goals.
WWF also shared the company's experience in the transition to 100% sustainable palm oil in the form of a case report (WWF PALM OIL CASE STUDIES SUMMARY REPORT).
Keywords: FMCG, sustainable palm oil, Nestlé, M&S, Ferrero, L'Oreal, Mars Wrigley, The Co-op
Original title: Six fmcg companies leading the way on sustainable palm oil | The Grocer
Recently, the Coconut Research Institute of the Chinese Academy of Tropical Agricultural Sciences and the China-Indonesia Julong Agricultural Industry Cooperation Zone signed a framework agreement for scientific and technological cooperation research and development of more than 2 million yuan to carry out forward-looking scientific and technological research and development cooperation to help companies in the oil palm industry abroad Steady and stronger.
Keywords: Oil Palm Industry, Coconut Research Institute, Chinese Academy of Tropical Agricultural Sciences, Tianjin Julong Group
RSPO is supporting the preparations for the 15th Conference of the Parties to the Convention on Biological Diversity (CBD COP15) and providing young people with knowledge and tools to promote real changes in the supply chain of the sustainable palm oil industry.
Keywords: RSPO, the 15th Conference of the Parties to the Convention on Biological Diversity (CBD COP15)
Original title: RSPO supports COP15 Convention on Biological Diversity | Roundtable on Sustainable Palm Oil
Small farmers in Thailand have already obtained benefits from RSPO certification in terms of increased profits, reduced costs, and increased yields, proving that economic prosperity can go hand in hand with sustainable agricultural management and environmental friendliness.
Keywords: Thailand, small farmers, palm oil plantations, RSPO certification
Original Title: Voices from Thai Smallholders — Harvesting the Benefits of Sustainable Farming | Roundtable on Sustainable Palm Oil
Experts said that there is currently no one-size-fits-all solution to achieve effective mapping and monitoring of the Zero Deforestation Commitment (ZDC), so they created an attribute framework to effectively guide the development of the ZDC mapping and monitoring system.
Keywords: Zero Deforestation Commitment (ZDC), surveying and monitoring system
Original title: How to make mapping and monitoring zero-deforestation commitments effective | Eco-Business
About this newsletter: This newsletter has been prepared by SynTao as part of the CDP Sustainable Palm Oil Project. We would like to thank CDP for their active participation in the preparation of this publication.
Disclaimer: The information used in this newsletter has been sourced from the internet and the views expressed in the information do not represent the personal opinions of the editor. All rights reserved. If there is any infringement, please contact us.
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