28 Oct '14, 10pm

Bunge commits to zero deforestation palm oil

Bunge commits to zero deforestation palm oil

Deforestation for palm oil production in Malaysian Borneo. Photo by Rhett Butler. Agribusiness giant Bunge has joined the growing ranks of companies that have established zero deforestation policies for their palm oil supply chains. On Monday, Bunge said it will bar palm oil produced at the expense of peatlands, rainforests, and local communities. However the company didn't provide a timeline for implementation. "We are currently in the process of developing an implementation plan in collaboration with suppliers and expect to release it in the coming months," a Bunge spokesperson told mongabay.com. Environmentalists nonetheless welcomed the move as a step toward improved sustainability of the palm oil sector. "Bunge is joining the second green revolution that is breaking the link between agriculture and deforestation," said Glenn Hurowitz, chairman of the Forest Heroes cam...

Full article: http://news.mongabay.com/2014/1028-bunge-zero-deforestati...

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