All companies that use palm products must ensure that their own supply chain is sustainable and free from deforestation and conversion of natural ecosystems. They also have a responsibility and a role to play in supporting a responsible, sustainable industry that is free from deforestation and conversion. Companies need to transition from simply de-risking their own supply chain, towards a pro-environment pro-people approach.
The supply of CSPO has grown by over 20% since the last Scorecard was published in 2016, meaning that there are certified sustainable options available for any company. Hence, there is no excuse for any brand to not be using 100% CSPO today.
Customer advocacy is the best way to instigate long-term change. Brands care about what their customers think - so we need to ask what and where they source from to make sure they commit to credibly certified sustainable palm that doesn’t cause deforestation or conversion, or harm wildlife or the communities.
In 2020, world leaders will take critical decisions on nature, climate and development. WWF and others ask governments to take strong, transformative decisions in 2020 in order to secure a new deal for nature and people that sets nature on the path to recovery by 2030. As part of this New Deal, governments have an important role to play in halting deforestation, both in producer countries and consumer countries.
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All financial institutions involved in financing or providing financial services to companies in the palm oil sector: