The majority of European palm oil buyers are failing to buy certified sustainable palm oil, despite its availability and the previous commitments by many companies to purchase it, according to a first assessment by the World Wildlife Fund (WWF).
WWF’s Palm Oil Buyers’ Scorecard, scored the performance of 59 of the most prominent retailers and manufacturers in Europe that buy and use palm oil in their products. The Scorecard comes as the world’s largest producers, buyers, and traders of palm oil gather for the 7th Roundtable on Sustainable Palm Oil, held Nov. 2-4 in Kuala Lumpur, Malaysia.
The Scorecard reveals that 10 of those 59 companies have scored 20 or more points, and thus are considered by WWF to be showing real progress on their commitments to buy and use sustainable palm oil. They have joined the Roundtable, properly monitored their palm oil purchases, and have put in place and started to take action on commitments to buy certified sustainable palm oil.
WWF’s Palm Oil Buyers’ Scorecard, scored the performance of 59 of the most prominent retailers and manufacturers in Europe that buy and use palm oil in their products. The Scorecard comes as the world’s largest producers, buyers, and traders of palm oil gather for the 7th Roundtable on Sustainable Palm Oil, held Nov. 2-4 in Kuala Lumpur, Malaysia.
The Scorecard reveals that 10 of those 59 companies have scored 20 or more points, and thus are considered by WWF to be showing real progress on their commitments to buy and use sustainable palm oil. They have joined the Roundtable, properly monitored their palm oil purchases, and have put in place and started to take action on commitments to buy certified sustainable palm oil.
