Europe is “pivotal” in shifting the global market to sustainable palm oil, new report flags

October 19, 2022 EcoVadis EN


For the past two decades, Europe has been a frontrunner in sustainable palm oil with the EU market reaching high levels. However, total palm oil imports are decreasing. The bloc notably accounts for 45% of total global use of certified sustainable palm oil, indicating this drop could leave a substantial mark on industry’s overall transition to transparency.

New data collected by NewForesight and commissioned by the Roundtable on Sustainable Palm Oil (RSPO) also reveals that the consumption of palm oil is increasing in other parts of the world where the market for sustainable palm oil products is still in its infancy.

In this context, the report underscores the importance of maintaining Europe’s role in helping to shift the global market to sustainable palm oil.


Read the full article at: www.foodingredientsfirst.com

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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