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The RSPO has been criticised by various sectors, especially the environmental NGOs.Issues include the impact of palm oil plantations on the orangutan population; destruction of tropical forest for the new oil palm plantations; the burning and draining of large tracts of peat swamp forest in Borneo, Malaysia.
The Roundtable on Sustainable Palm Oil (RSPO), founded in 2004, works to promote the production of sustainably sourced palm oil through involvement with growers, processors, food companies, investors and NGOs. [1] Beginning in 2008, palm oil that meets RSPO introduced standards has been designated "certified sustainable palm oil" (CSPO).
The following year, Musim Mas was the first company in Indonesia to achieve Roundtable on Sustainable Palm Oil (RSPO) certification. [8] The company's Executive Chairman has also served on RSPO's inaugural executive board. The company opened its first office in Europe in 2007 and in the United States of America in 2008.
The Roundtable on Sustainable Palm Oil followed suit with its own stop-work order. In a response to the roundtable, the company wrote, "Most of these lands had been degraded by the illegal ...
GreenPalm was a certificate-trading program for "sustainably produced" palm oil. [1] Established in Tallinn Estonia, in November 2006, GreenPalm was a trading name of Book & Claim Ltd., "a wholly owned subsidiary" of AarhusKarlshamn UK Ltd. [2] GreenPalm ceased to operate as a certificate trading systemon March 31, 2017, being replaced by PalmTrace.
The Roundtable on Sustainable Palm Oil (RSPO) was established in 2004 with the objective of promoting the growth and use of sustainable palm oil products through global standards and multistakeholder governance.
IOI is a co-founder of the Roundtable on Sustainable Palm Oil (RSPO) and has played an active role in shaping the scheme. The company has several of its estates in Malaysia certified as complying with RSPO standards.
Other types of standards include sector-specific schemes such as the Roundtable on Sustainable Palm Oil (RSPO); standards for climate and development interventions like the Gold Standard, retailer-led sustainability certification initiatives such as GlobalGAP; Corporate own-brand sustainability initiatives such as Starbucks' C.A.F.E. Practices ...
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