Webinar: Why Cross-Commodity No-Deforestation Policies Are Essential for Palm Oil Buyers
The oil palm and the industrial tree sectors are the two largest plantation sectors in Indonesia and Malaysia. In both countries, it is common for companies to operate plantations in both sectors. In the last few years, palm oil buyers with No Deforestation, No Peat, No Exploitation (NDPE) policies have increasingly removed deforestation-linked palm oil suppliers from their supply chains. However, many of these buyers remain linked to deforestation via their supplier’s industrial timber operations. This is because NDPE policies are typically only applied to palm oil operations and not deforestation for other commodities.
In a recent report, Aidenvironment documented 133,000 hectares of deforestation committed by ten companies in the industrial tree sectors of Indonesia and Malaysia since 2016. This includes seven companies in Indonesia (Nusantara Fiber, Djarum, Adindo Hutani Lestari, Alas Kusuma, Jhonlin, Hardaya and Sampoerna) and three companies in Malaysia (Rimbunan Hijau, Samling and Shin Yang). All these plantation companies have supply chain links to some of the world’s largest palm oil refiners and consumer goods companies.
As more companies commit to deforestation-free palm oil supply chains, there is a clear need for NDPE policies to be applied across all commodities for no-deforestation claims to carry weight. Join Chain Reaction Research as we discuss the need for more ambitious policies and the financial risk of falling short on no-deforestation commitments.
Date: Oct. 21st, 2021
Time: 10 AM EST/4:00 PM CET