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I like being asked at Christmas gatherings, “What is it that you do, exactly?” That’s because it’s the one time of the year that we’re likely to be near a table laden with perfect illustrations of the prevalence of palm oil and the need to produce it sustainably, and I can point to each tasty yet controversial food item as I answer.
Just over two per cent of all agricultural land in Thailand is given over to palm oil production, which equates to approximately 17.49 tonnes of palm oil per hectare of land per year. Of those growing palm fruit, 76 per cent are independent smallholders. It’s this statistic that sets Thailand apart from other key producers such as Malaysia and Indonesia, where the majority of PO and PKO is produced on large commercial plantations.
If you have visited the GreenPalm market over the last few days you may have noticed some new markets appear, I.S. Palm Oil, I.S. Palm Kernel Oil and I.S. Palm Kernel Expeller. These new markets represent RSPO certified independent Smallholder certificates.
As we head towards RT10 and the RSPO General Assembly on the 1st November, a group of growers, millers and environmental organisations have called for a resolution to the RSPO’s Principles and Criteria which urges all members to support RSPO certified palm oil through GreenPalm certificates, until they can achieve 100% physical, sustainable palm.
September saw GreenPalm reach a new milestone, trading a total of 5 million certificates since its launch in 2008, GreenPalm exclusively operates the Book&Claim supply chain option on behalf of the RSPO.