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    Sustainable Palm Oil - Pro

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    Kartiban ₇ Asokan
    1) Palm oil is a common ingredient in many food and non-food products due to its low cost and versatility. However, its production has contributed to deforestation and endangered species loss. 2) In 2001, the Roundtable on Sustainable Palm Oil (RSPO) was established to set standards for sustainable palm oil production. It includes growers, processors, traders, consumer goods companies and other stakeholders. 3) The document discusses challenges to sustainable palm oil production, including environmental effects of deforestation and social issues concerning workers' rights. It emphasizes the importance of choosing RSPO-certified sustainable palm oil.

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    Sustainable Palm Oil - Pro

    Uploaded by

    Kartiban ₇ Asokan
    84 views22 pages
    1) Palm oil is a common ingredient in many food and non-food products due to its low cost and versatility. However, its production has contributed to deforestation and endangered species loss. 2) In 2001, the Roundtable on Sustainable Palm Oil (RSPO) was established to set standards for sustainable palm oil production. It includes growers, processors, traders, consumer goods companies and other stakeholders. 3) The document discusses challenges to sustainable palm oil production, including environmental effects of deforestation and social issues concerning workers' rights. It emphasizes the importance of choosing RSPO-certified sustainable palm oil.

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    1) Palm oil is a common ingredient in many food and non-food products due to its low cost and versatility. However, its production has contributed to deforestation and endangered species loss. 2) In 2001, the Roundtable on Sustainable Palm Oil (RSPO) was established to set standards for sustainable palm oil production. It includes growers, processors, traders, consumer goods companies and other stakeholders. 3) The document discusses challenges to sustainable palm oil production, including environmental effects of deforestation and social issues concerning workers' rights. It emphasizes the importance of choosing RSPO-certified sustainable palm oil.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    84 views22 pages

    Sustainable Palm Oil - Pro

    Uploaded by

    Kartiban ₇ Asokan
    1) Palm oil is a common ingredient in many food and non-food products due to its low cost and versatility. However, its production has contributed to deforestation and endangered species loss. 2) In 2001, the Roundtable on Sustainable Palm Oil (RSPO) was established to set standards for sustainable palm oil production. It includes growers, processors, traders, consumer goods companies and other stakeholders. 3) The document discusses challenges to sustainable palm oil production, including environmental effects of deforestation and social issues concerning workers' rights. It emphasizes the importance of choosing RSPO-certified sustainable palm oil.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 22
    At a glance
    Powered by AI
    The key takeaways are that palm oil demand is increasing due to its use in biofuels and everyday products. However, palm oil farming has led to loss of rainforests and endangered species as well as social issues.

    The main drivers for the increasing demand of palm oil are its use in biofuels as well as everyday food and non-food products due to it being cheaper and easier to store at room temperature compared to other oils.

    Some of the environmental impacts of palm oil farming include loss of rainforests in Malaysia and Indonesia, disappearance of rare species like orangutans and tigers, and escalation of climate change. Social impacts include issues regarding communities living in plantations and reports of violations of workers' rights.

    SUSTAINABLE PALM OIL

    A CHALLENGE PRO
    KARTIBAN ASOKAN
    SITI INSYIRAH BINTI ALI
    JUWAIRIAH BINTI HARIS
    THARANI A/P RENGASAMY
    ANAS MOHAMMED
    KORNTIP KOKYAI
    INTRODUCTION
    Increasingly common raw material for food and
    non-food product
    1 in 10 products contains palm oil in some form
    The demand of palm oil have increased due to
    usage in bio-fuel, thus it becomes 2
    nd
    most
    consumed oil after soybean oil
    Its cheaper, easier to store(room temperature)
    WHAT HAPPENS DUE TO FARMING OF PALM OIL
    Loss of rainforest in Malaysia and Indonesia,
    tropical forest and peat land are cleared
    Within the next 15 years almost all of the rainforest
    will be disappeared
    Disappearance of rare species, Orangutan and
    Sumatran tigers
    Escalate the climate change
    HOW TO HAVE A SUSTAINABLE PALM OIL ???
    In 2001, the WWF had set up The Roundtable on Sustainable Palm Oil (RSPO)
    To establish standards for producing and procuring palm oil in a sustainable
    manner
    RSPO promotes the production and uptake of sustainable palm oil through
    cooperation and open dialogue with its stakeholders with the ultimate goal of
    transforming markets to make sustainable palm oil the norm
    the most advanced standard setting platform that is dedicated to the
    sustainable production of a single commodity
    Today, the RSPO comprises 1,400 members covering the entire supply chain of
    an extensively used and traded commodity
    As of late 2013, there are 14 Malaysian plantation companies with 105 palm
    oil mills that are RSPO-certified.

    QUESTION 1
    The Roundtable on Sustainable Palm
    Oil is a multi-stakeholder initiative.
    What actors need to be part of the
    initiative for the problem to be
    addressed in an effective way?
    Stakeholder
    categories within
    RSPO
    Palm oil
    growers
    Palm oil
    processors
    and traders
    Bank and
    investors
    Consumer
    goods
    manufacturers
    Retailers
    Social and
    development
    NGOs
    Environmental
    NGOs
    Develop, gather and publish
    uniform ESG performance
    data
    Undertake awareness raising
    and more in-depth education
    Share and develop best
    practice analytical and
    investment tools
    Be flexible in its membership
    cost
    Clarify what the RSPO requires in
    terms of commitments and actions
    to transform the palm oil industry
    Stakeholders Action
    Asset Owners Refine Requests for Proposals to include ESG and palm oil
    specific criteria.
    Asset Managers Engage collaboratively with their Asian counterparts.
    Buy-side Analysts Fund detailed coverage from specialist research providers.
    Sell-side Analysts Include material ESG risks and opportunities into their
    analysis.
    Investee Companies Respond to analyst requests for ESG metrics being
    reported.
    Financial Intermediaries Support decision-making tools with impactful reporting.
    Extra-financial Research
    Providers
    Supply regular and consistent ESG content beyond
    questionnaires
    Market Data Providers Embed metrics and key performance indicators for CSPO.
    NGO Community Provide succinct key performance indicators, tools and
    research.
    RSPO Work on data transparency.
    QUESTION 2
    WHAT IS HINDERING THE
    DEVELOPMENT OF SUSTAINABLE
    PRACTICES IN THE PRODUCTION OF
    PALM OIL?
    ENVIRONMENTAL SIDE EFFECTS
    Oil palm cultivation on land that was previously covered with peat-swamp
    forests, primary forests or other high conservation value areas.
    Such areas, already under pressure from other factors such as logging, are
    highly valued for their biodiversity and their capacity to sequester carbon
    dioxide.
    Forest parcels are sometimes cleared by fires, which can burn out of
    control.
    The building of roads through forests has been blamed for hindering the
    migration of endangered species and exposing them to human activities.
    SOCIAL SIDE EFFECTS

    Increasing number of communities who legally farming/living in the
    plantation affecting the area of plantation.

    Several reports of plantations that violates workers right (e.g: fair
    payment, safe working condition, freedom to unionize)
    QUESTION 3
    WHAT DEVELOPMENT HAVE
    TO TAKE PLACE TO MAKE THE
    PRODUCTION OF PALM OIL
    MORE SUSTAINABLE?


    Choose certified sustainable palm oil
    What is certified sustainable palm oil?
    Palm oil that was certified by the RSPO through criteria that can help to
    reduce the negative impacts of palm oil cultivation on the environment and
    communities
    Buy the products with certified sustainable palm oil indirectly can encourage
    nature conservation
    No primary forests or areas which contain significant concentrations of
    biodiversity (e.g. endangered species) or fragile ecosystems, or areas which
    are fundamental to meeting basic or traditional cultural needs of local
    communities (high conservation value areas), can be cleared.

    Socially acceptable
    Technologically appropriate
    Economically viable
    Environmentally compatible

    Conclusion
    VEGETABLE OILS ARE INCREASINGLY POPULAR
    Source : Roundtable on Sustainable Palm Oil
    (RSPO),2012
    WHY IS PALM OIL SO POPULAR?
    Source : Roundtable on Sustainable Palm Oil
    (RSPO),2012
    Relatively
    cheap
    Most
    widely
    produced
    Most
    versatile
    Highest
    yielding

    Why say yes to sustainable palm oil instead of no to palm
    Source : Roundtable on Sustainable Palm Oil
    (RSPO),2012
    Fulfills increasing global food demand
    Supports affordable food prices
    Supports poverty reduction
    Safeguards social interests, communities and workers
    Protects the environment and wildlife

    Why say yes to sustainable palm oil instead of no to palm
    Source : Roundtable on Sustainable Palm Oil
    (RSPO),2012
    Producers will
    switch to other
    oils which
    require 4-10
    times more
    land for the
    same amount
    of output as
    palm oil
    Producers will
    switch to other
    oils which are
    relatively move
    expensive
    Livelihoods
    and income
    will be
    impacted as oil
    palm is widely
    cultivated by a
    significant
    number of
    smallholders in
    developing
    nation
    Social issues
    will just shift to
    other vegetable
    oils that face
    similar
    concerns
    CONSEQUENCES OF ERADICATING PALM OIL
    Source: http://www.betterpalmoil.org/what

    Why say yes to sustainable palm oil instead of no to palm
    Source: http://www.betterpalmoil.org/what
    GETTING GREENER

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