A report from the Palm Oil Transparency Coalition proves compelling
A piece on the supply of palm oil caught readers' attention.
Importers of palm oil and its derivatives, such as palm kernel oil and meal, are devising strategies to comply with the EU Deforestation Regulation (EUDR) in the short term.
According to a report by the Palm Oil Transparency Coalition (POTC), which comprises businesses collaborating to eliminate deforestation and exploitation from the palm oil production sector, importers are planning to split their supply chains. Palm materials that cannot be fully traced back to their origin will be directed to regions outside the EU.
The POTC report highlights that smallholders are likely to face disadvantages and exclusion from EU supply chains as a result due to the challenges in tracing palm volumes back to individual plantations.
Photo credit: GettyImages/Anton Skripachev
