PALM OIL COMPANY SUSPENDED FROM SUSTAINABILITY CERTIFICATOIN IN INDONESIA
The Roundtable on Sustainable Palm Oil has suspended IOI’s certification, preventing the Malaysian palm oil company from selling future palm oil as certified sustainable. The decision has come after years of documented violations of human rights and environmental destruction by IOI and will cause huge economic losses to the company. In fact, many of its 300 clients, such as Unilever and Kellogg’s, have already canceled their contract or want to cease to source palm oil from IOI. The Malaysian company has conceded some of the claims, but the actions it has taken thus far do not sufficiently remedy the damages. In fact, the Indonesian president ordered that all plantation expansion be stopped and that forests and peatlands be restored. Indonesia is greatly suffering from indiscriminate palm plantations, and future IOI initiatives could be an important step toward protecting the country’s unique tropical forests. For the full story, read http://www.theguardian.com/sustainable-business/2016/apr/09/ioi-malaysian-palm-oil-company-unilever-mars-kellogg-rspo-deforestation.