GreenPalm exclusively operates the Book & Claim supply chain option for the RSPO - Roundtable on Sustainable Palm Oil
The GreenPalm option allows RSPO certified growers to convert their certified oil into certificates, one tonne of certified crude palm oil or palm kernel oil converts to one certificate. Offers for these certificates are then placed on the GreenPalm Market.
Product manufacturers who use palm, palm kernel oil or any palm based derivative and fraction in their products then place offers for these certificates, offsetting their physical oil with the equivalent amount of certificates. The claim can then be made that your company / product supports the production of RSPO certified sustainable palm oil. The full value of each certificate is sent back to the RSPO producer who can then reinvest this premium to help tackle the environmental and social issue created by the production of palm oil.
Sales of Certified Sustainable Palm Oil (CSPO) for the first quarter ending March 31, 2014 (Q1 2014), has hit a new high, with a 49% increase for physical uptake of RSPO CSPO and a 54% increase for GreenPalm Certificates, compared with Q1 2013.
ZSL’s (Zoological Society London) launched its Sustainable Palm Oil Platform in November. The platform provides information for all stakeholders in the sustainable palm oil supply chain. Bringing together a diverse range of tools & resources; including two case studies submitted by GreenPalm on the importance of smallholders and China, India. Click the logo to visit the platform....
Customer in focus
Oriflame is the first major cosmetics brand to fund sustainable palm oil production through the purchase of GreenPalm certificates covering 100% of the company’s total palm oil consumption.
Nice-Pak International is the first wet wipe manufacturer to show its support for the production of sustainable palm oil. As innovators in the market, Nice-Pak is keen to pave the way to a more sustainable future.
Herrco Cosmetics is a thriving bespoke cosmetics manufacturer, whose company philosophy is firmly rooted in utilising active botanical, natural and organic ingredients. Committed to developing environmentally responsibility throughout their supply chain,