Sustainable Brands: CPG Giants, NGOs, Traders Agree on Unifying Definition of ‘No Deforestation’ Palm Oil

After a year of intensive work, the High Carbon Stock (HCS) Convergence Working Group announced in Bangkok today that they have reached agreement on a single, coherent set of rules for implementation of companies’ commitments to “no deforestation” in their palm oil operations and supply chains. The members of the Group – which includes palm oil traders, consumer packaged goods companies and NGOs – worked together to develop recommendations that provide a roadmap forward for addressing the issues that remain in an integrated and collaborative way. (read more)