This report discusses the EU’s regulation on deforestation-free products and how its requirements will affect the palm oil industry, one of the key commodities driving deforestation. The upcoming law, expected to be implemented in 2023, will have implications for palm oil supply chain actors and their financers. Watch our webinar covering the findings of this …
Wilmar International is a leading company in the palm oil sector. It has 230,000 hectares of planted area and a 10 times greater palm oil footprint through its trading, refining, and fast-moving consumer good activities. Concerns about ESG violations and investor ratings have hampered Wilmar, an early adopter of RSPO certification and a frontrunner in …
Although West and Central Africa have been promising regions for large-scale palm oil production, expansion has not gone as planned. Only a handful of companies control industrial palm oil production and will likely drive expansion, but on a smaller scale and at a slower pace than originally anticipated. Nevertheless, these companies have been linked to …
In the light of environmental and social sustainability concerns in relation to palm oil from Southeast Asia, several Latin American countries see an opportunity to open export markets as they present palm oil from the region as a more sustainable option. However, social and environmental sustainability concerns are also prominent in the Latin American sector …
Oil palm growers in Brazil have argued that palm oil production is a “green solution” to safeguard the Amazon as a result of planting on areas already degraded and cleared only before 2008. While palm oil production in the Brazilian Amazon has relatively lower environmental impacts than soy and beef, this paper shows how also …
Indonesia is among the world’s largest mining countries. It is also a country of conglomerate companies with interests in various businesses, including deforestation-related sectors such as oil palm, industrial trees and mining. This report aims to shed a light on overlapping company groups in the Indonesian palm oil and mining sectors. Some large palm oil …
Despite the increase in palm oil refining capacity covered by No Deforestation, No Peat, No Exploitation (NDPE) policies, eight of 25 largest refiners are still operating in the leakage market. This report analyzes the financiers and investors in these companies, updating a study published by Chain Reaction Research (CRR) in 2018. The financial institutions are …
Indonesia’s government responded to the country’s loss of forests and peatlands and the 2015 fire and haze crisis with a forest-clearing ban, a moratorium on issuing of licenses for new oil palm plantations, and tightened peatland regulation. This report analyzes gaps in the moratoria amid looser environmental legislation and recently rising palm oil prices, and …
The palm oil value chain contains a number of stakeholder groups, such as smallholders, large plantations, refineries, the fast-moving consumer good (FMCG) industry, the oleochemical and pharmaceutical industry, and the retail and food service sector. In every step of the chain, palm oil is further processed or is embedded in products which contain other ingredients, …
Malaysia is the world’s second-largest palm oil producer, after Indonesia. Peninsular Malaysia accounts for more than 12 percent of world production and produces approximately half of Malaysia’s palm oil. It also hosts a large number of forests rich in biodiversity and large carbon stock. How are Peninsular Malaysia’s forests protected from more deforestation for oil …
