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The World Wildlife Foundation (WWF) publishes an annual report on the use of sustainable palm oil by major corporations. In the 2011 report, 31 of the 132 companies surveyed received a top score for their use of sustainable palm oil. This represents an increase from 2009, the first year the report was issued, where no companies received top scores.
Roundtable No 2 (RT2) in Zürich in 2005. 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.
Oil palms (Elaeis guineensis). Concerns have been raised about Cargill's palm oil operations in Indonesia and Papua New Guinea by Friends of the Earth, the United Nations Food and Agriculture Organization (FAO), Rainforest Action Network (RAN), Asian Studies Association of Australia, and the Roundtable on Sustainable Palm Oil (RSPO).
Six years later, as a member of the Roundtable on Sustainable Palm Oil, they sold that operation to Felda Global Ventures, the third-largest palm oil company in the world, for almost $200 million.
The Roundtable on Sustainable Biofuels is working to define criteria, standards and processes to promote sustainably produced biofuels. [68] Palm oil is also used in the manufacture of detergents, and in electricity and heat generation both in Asia and around the world (the UK burns palm oil in coal-fired power stations to generate electricity).
The ISPO (Indonesian Sustainable Palm Oil) was launched in March 2011, with audits beginning in May 2012 and all palm oil producers expected to be in compliance by the end of 2014. The MSPO (Malaysian Sustainable Palm Oil) was launched in November 2013, and came into full effect on 1 January 2015, although it was not mandatory for all oil ...
African Oil Palm (Elaeis guineensis. The World production of vegetable oil seed is forecast to be 418 million tonnes in 2008/09. After pressing this will make 131 million tonnes of vegetable oil. [22] Much of this is from Oil Palm, and palm oil production is growing at 5% per year. At about 7.5 lb/USgal (900 g/L) this is about 38 billion ...
Palm oil block showing the lighter color that results from boiling. Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. [1] The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. [2]