Trends Palm oil 2/3
to RSPO certified growers since the first certificates via the Book & Claim system under the GreenPalm were traded in 2008. And we just hope that the growers have found this valuable in empowering their transformation to sustainable cultivation practices.”
RSPO membership has also grown rapidly expanding in the past 12 months, particularly among the consumer goods manufacturers and retailers in Europe (increasing by 60% and 50% respectively). And the number of processors and traders getting involved in RSPO also jumped 30% last year, helping to strengthen a commitment along the palm oil supply chain, seen as crucial to the transformation of the market. “It’s a dynamic landscape but our pursuit for transformation to make sustainable palm oil the norm does seem to be drawing closer,” adds Webber.
Understandably, the RPSO is excited. It plans to take advantage of the upward trend for CSPO by driving member- ship recruitment in new markets, such as India and China and ensuring new members continue to be pulled through the supply chain – from the processors and traders to the retailers.
But it won’t all be plain sailing. As Jan Kees Vis, Unilever’s global director for sustainable sourcing, points out, the standards of the RPSO will need to evolve. “We will need to enhance RSPO’s international standards for certification and address significant concerns such as greenhouse gas emissions and indirect land use change,” he says. “We also
want to develop the acceptance of RSPO standards for other international schemes such as those for biofuels.” The progress towards the development of a sustainable supply of palm oil has been impressive, and the publication of the CSPO Growth Interpretation Narrative – designed as an annual quali- tative narrative to share, calibrate, analyse and produce information on RSPO
and CSPO growth and trends on an annual basis – will no doubt help. But challenges remain for the market. And palm is a cash crop, offering a solid economic pillar for the likes of Indonesia and Malaysia. The Indonesian government plans to convert around 18 million more hectares of rainforest into palm oil plantations by 2020, bringing with it numerous environmental and social impacts. Palm oil is used in half of all consumer goods – from packaged foods to body lotion. Demand grows at a pace; in the US alone, demand for palm oil has tripled in the last five years. It is the world’s highest yielding oil crop, with an output five to ten times greater per hectare than other vegetable oils. Combined with historically low prices, relative shelf stability, and reported nutritional benefits, palm oil leverages natural advantages that position it as a likely long-term staple of the global diet. Market forces have driven enormous growth of the palm oil industry in recent decades. According to analysts at Mielke, the demand for palm oil could poten- tially increase by 65% between 2010 and 2020. The big challenge for the likes of the RSPO is convincing the market-
historically low prices, relative shelf stability and reported nutritional benefits, palm oil leverages natural advantages
Combined with
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47