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THE Roundtable on Sustainable Palm Oil (RSPO) was established in 2004, in response to the attacks on the industry on environmental and social grounds. Members include palm oil growers, traders, financiers and end-users, as well as concerned non-government organisations (NGOs). Its aim is to “transform markets to make sustainable palm oil the norm”, and to “advance the production, procurement, finance and use of sustainable palm oil products.”
PETALING JAYA: Top planter Felda Global Ventures Holdings Bhd (FGV) has set a precedent with its recent withdrawal from the Roundtable on Sustainable Palm Oil (RSPO) certifications for its 58 palm oil mills nationwide. This is the first time a member of the multi-stakeholder RSPO grouping – the world’s first palm oil certification body – is seeking a voluntary suspension for RSPO certifications.
KUALA LUMPUR: As expected, the oil palm grower members of the Roundtable on Sustainable Palm Oil (RSPO) have failed in their attempt to block the adoption of the newly revised RSPO principles and criteria (P&C) for the production of certified sustainable palm oil (CSPO) at the grouping’s extraordinary general assembly (EGA) here yesterday.
PETALING JAYA: The Roundtable on Sustainable Palm Oil (RSPO) has reinstated Nestle SA’s membership following the submission of its time-bound action plan to achieve 100% RSPO certified sustainable palm oil by 2023.
BEFORE the year ends, one scenario that would likely rock the palm oil scene is the possibility of the Malaysian Palm Oil Association (MPOA) making its grand exit from the international multi-stakeholder grouping, the Roundtable on Sustainable Palm Oil (RSPO).