13 Jul '11, 6pm

Cargill Sets Sights on Worldwide Sustainable Palm Oil by 2020

Cargill Sets Sights on Worldwide Sustainable Palm Oil by 2020

Agribusiness giant Cargill plans to only offer palm oil -- an ingredient in Girl Scout cookies and numerous other foods -- that is certified sustainable in select countries by 2015 and worldwide by 2020. Palm oil production has led to deforestation, damage to animal habitats and greenhouse gas emissions as farms expand to meet high demand for the ingredient, which is used in processed foods, baked goods, candies, biofuels and more. Cargill aims to have all of the palm oil it sells in Europe, United States, Canada, Australia and New Zealand be certified by the Roundtable on Sustainable Palm Oil (RSPO) within the next four years. Cargill will also count palm oil from smallholder farmers in meeting it goal. Cargill then plans for all palm oil sold in China, India and elsewhere to be RSPO-certified by 2020. The first goal, however, excludes palm kernel oil, which is produced f...

Full article: http://www.greenbiz.com/news/2011/07/13/cargill-sets-sigh...

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