BASF: progress on sustainable palm oil initiative
20.11.2023 (Market Screener) - As part of Project Lampung, a collaborative sustainability initiative, Solidaridad, BASF, The Estée Lauder Companies (ELC) and The Roundtable on Sustainable Palm Oil (RSPO) announce that they have made 'real progress in strengthening the sustainable palm oil supply chain and supporting smallholder farmers'.
Since its launch in 2018, the Lampung project has trained more than 1,000 independent small palm oil producers and helped 313 farmers achieve official RSPO certification.
' The dedication and commitment of our project partners, together with the Indonesian government, have been instrumental in promoting a sustainable palm oil supply chain in Lampung'n commented Marcelo Lu, Senior Vice President at BASF Care Chemicals.
' In addition to the benefits of increased production of sustainable palm oil, the small-scale farmers of Way Kanan are now able to defend their own interests in the supply chain', the press release points out.
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