What is…the buzz about sustainable palm oil?
Ahhh, the renewable resource conundrum. How do you really deter
mine the renewability of a resource? By rate or regeneration? Availability? Potential to re-grow? Monetary investments to ‘renew’ it? Natural balance?
Palm Oil, the latest explosion on the renewables market came under scrutiny for being a root cause of severe deforestation. Greenpeace and other environmental groups internationally protested specific companies that were harvested palm oil in unsustainable methods. In a twofold act, there was a push to make palm oil sustainable to help secure the growing market for palm oil as well as to provide a viable long-term product. The Roundtable on Sustainable Palm Oil (RSPO) formed to help provide guidelines based on a scientific understanding of the natural thresholds and best practices for harvesting palm oil.
The buzz? The Netherlands has publicly committed itself to be the first Country to use only sustainable palm oil by the year 2015. Companies have in turn been dropping Sinar Mas as a palm oil supplier after Greenpeace’s attacks on its questionable practices that may have led to severe deforestation. Among those companies Nestle, Cadbury, and Kraft were quick to drop the company. More progressive companies are themselves committing to responsible palm oil sourcing including Seventh Generation and General Mills.
Photo Credits 1 and Greenpeace.