Two Asian palm oil traders that supply to a list of major consumer brands are investigating two mills accused this week of buying from an illegal plantation in Indonesian rainforest that is home to endangered orangutans.
“The fact that it takes an NGO-conducted investigation to expose that these major global brands are still actively sourcing Conflict Palm Oil from illegal sources, years after each of them has issued public policies explicitly committing them to stop sourcing from suppliers destroying rainforests and carbon-rich peatlands, signals a major failure of the implementation efforts conducted to date by these companies. Consumer trust is understandably undermined when…”
Palm oil from an illegal plantation inside an Indonesian rainforest home to endangered orangutans has found its way into the supply chains of major consumer brands including Unilever and Nestlé, according to a U.S.-based environmental group.
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Banks with more than $47 trillion collectively in assets signed on to the United Nations-backed Principles for Responsible Banking (PRB) framework for climate action rolled out this week. Yet only…