RSPO Launches New Network to Accelerate Sustainable Palm Oil, But Is It Enough?
A key ingredient in everything from beauty products to detergents and even ice cream, palm oil is an important commodity that generates billions of dollars in revenue each year. However, unsustainable palm oil production practices are the root cause of considerable environmental and social risks. Efforts to address issues such as deforestation and human rights violations are on the rise as a result of increasing pressure from consumers and investors, as well as a growing awareness of the threat inaction poses to future business, yet a sustainable palm oil industry is still a long way off.