A new report has found that palm oil trader ambition is out of step with due diligence expectations on traceability, with many traders having either no full traceability to plantation target or a target of 2030.
A provisional political agreement has been reached between the EU Parliament and the Council in relation to EU regulation on deforestation-free supply chains.
EU vegetable oil and protein meal association, FEDIOL, has welcomed the EU Parliament’s decision to maintain the role of crop-based biofuels in meeting the EU’s transport renewable energy target.
UFAC-UK, the UK nutrition and supplement company, is to debut its palm-free fat supplement called Enviro-lac this month, it says it has been proven to increase dairy cow milk yields, quality and offer a lower carbon footprint than palm-oil supplements....
The ENVI committee adopted its position on Tuesday this week on the EU Commission’s draft law on deforestation-free products to halt EU-driven global deforestation.
Research findings from the Accountability Framework initiative (AFi) and CDP show that companies cannot afford any more delay in tackling deforestation across supply chains, with forest-related risks identified at almost US$80bn.
Greenpeace Netherlands said that, during a period of 18 hours, over 60 activists from all over Europe, volunteering with the NGO, were able to block a mega-ship arriving in the Netherlands with 60 million kilos of soy from Brazil.
MEP Christophe Hansen's new ENVI report amending the proposal to end imported deforestation into the EU for certain commodities has been praised by industry and some environmentalists, but not all.
EU feed, grain, and oilseeds sectors warn against the pitfalls of the current EU Commission draft regulation to curb global deforestation. They want to make it more workable.
India’s soybean meal exports drastically fell by 82% between October 2021 and January 2022, as Indian soymeal is too pricey compared to other origins, finds a USDA FAS report.
Soybean meal prices have reached their highest levels since May 2021, due to the worsening outlook for South America, finds a new outlook from CRM Agri.
Palm oil production is set to recover next year in Malaysia, while soybean production in Brazil is forecast to reach record levels. Although, La Niña is set to play a critical part in the ultimate outcome of the latter, said the CRM Agri team.
The promise, made in a joint statement issued late on Monday at the COP26 climate summit in Glasgow, was backed by the leaders of countries including Brazil, Indonesia and the Democratic Republic of Congo.
FrieslandCampina has signed an agreement with ING Bank for a new €300m sustainability-linked loan that refinances part of its current short-term liabilities.
Dutch fish feed and animal nutrition group, Nutreco, is aiming to source soy and oil palm ingredients by 2025 that are free from both legal and illegal deforestation, with the purpose of limiting its impact on biodiversity and climate change.
Mighty Earth is welcoming changes to POSCO International’s policy on deforestation and palm oil production but continues to watch for positive on the ground change in Indonesia.
