Latin American palm oil grows in sustainability

Published May 30, 2023

Tridge summary

Latin America is leading in sustainability certification for oil palm crops, with 35% of production in the region having a sustainability certificate, according to Francisco Naranjo, technical director of the Round Table on Sustainable Palm Oil (RSPO). The two-day conference in Miami will address concerns of large palm oil buyers about sustainability and the reputation of their brands. The RSPO is the only global certifying organization for palm oil, and its certification criteria will be renewed at the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Miami, May 30 (EFE).- Latin America is the region in the world with the highest level of sustainability certification for oil palm crops, which produce the most consumed vegetable oil in the world and, perhaps for this reason, they are always " under scrutiny." This was what Francisco Naranjo, technical director of the Round Table on Sustainable Palm Oil (RSPO, in English), told EFE this Tuesday, at the start of a conference in Miami of the Latin American and North American members of that organization created in 2005 and currently with some 5,500 partners in 100 countries. Since its inception, the RSPO has brought together producers, buyers, members of the supply chain, banks and investors, and environmental and social organizations. Latin American palm oil production, concentrated in 12 countries, of which Colombia is number one, followed by Guatemala, Brazil, Ecuador and Honduras, currently represents 6 or 7% of the world total. Indonesia and Malaysia produce 85%. It is ...

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