15 Apr '11, 6pm

Avon Joins Sustainable Palm Oil Movement With Earth Day Pledge

Avon Joins Sustainable Palm Oil Movement With Earth Day Pledge

NEW YORK, NY — Avon Products will celebrate Earth Day 2011 with a new commitment to purchase 100 percent sustainable palm oil. The cosmetics company has pledged to buy enough GreenPalm certificates to cover all of its global palm oil use. The Roundtable on Sustainable Palm Oil (RSPO) has endorsed GreenPalm, a certificate trading program that offers a financial premium to farmers who prove they've produced their palm oil in ways that don't harm forests, people or the environment. Palm oil production, particularly in Southeast Asia, has garnered increasing attention in recent years because of its social and environmental impacts, namely deforestation and greenhouse gas emissions. The RSPO was formed to address these problems. According to GreenPalm, farmers certified by the RSPO may receive a certificate for every tonne of palm oil they produce through sustainable means. Com...

Full article: http://www.greenbiz.com/news/2011/04/15/avon-joins-sustai...

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