X Close Message

The GreenPalm market has now closed for trading. To support RSPO certified sustainable production via the Book and Claim option please refer to Palmtrace at www.rspo.org

Redeemed certificate information will remain available to view via the GreenPalm website.

Certified sustainable palm oil
Thu 8th September 2016
Transition to RSPO e-Trace Credit Trading
Tags: RSPO, GreenPalm, 2017, Endorsement
Palm oil fruit showing kernel
The first palm oil mill was certified by the RSPO in August 2008. A week later GreenPalm oversaw the first certificates traded representing that certified palm production. From that moment on GreenPalm has made an important contribution to the global drive towards the support of certified sustainable palm oil production.

By trading over 18 million certificates representing certified palm, PKO and PKE production, over 1,100 GreenPalm members have enabled certified sustainable palm growers to collectively earn direct premiums of over $113 million.

Together we have raised over $18 million to support the work of the RSPO, and GreenPalm certificate trading quickly became, and remains, the RSPO’s most successful approved supply chain option.

So first of all a huge thank you to everyone who has played a part, however large or small, in this success story. But now, following the RSPO’s decision to incorporate certificate trading into its new e-Trace platform, we have decided to cease operating the GreenPalm trading -platform at the end of the 2016 trading period.

We have previously indicated our intention to carry on offering the GreenPalm option to supplement the support of RSPO certified production.  We now feel that this will potentially add an unnecessary level of confusion in the market place and would be unhelpful for the RSPO and its vision to transform markets to make sustainable palm oil the norm.

GreenPalm certificates representing 2016 production  will cease trading on the 31st March 2017.  Any certificates required for 2017 claims should be traded through the new e-Trace system which will be operational on 1st January 2017.

It has been a real privilege to work with the RSPO over the years, to devise and then operate the GreenPalm programme. Our team will of course continue to work with the RSPO and our members to ensure a smooth transition to the e-Trace system over the coming months.

The contact at the RSPO to discuss the process with is Mr Jan van Driel – Head of Certification.  We would also recommend this page on the RSPO website for more detail on the transition.    
Contact Details:
For further editorial information:

Christine Jarvis: christine.jarvis@bluestormdesign.co.uk  or 01482 649343

Julie Leydon: julie@bluestormdesign.co.uk  or 01482 649343