The Roundable on Sustainable Palm Oil designed a trademark that will help consumers distinguish products containing palm ingredients that are from sustainable and socially responsible sources, the organization said in a statement at its meeting in Jakarta this week.
Palm oil is used as an ingredient in candles, cosmetics, cleaning products, food products and as a source of biofuel. Increasing demand for palm oil has led to deforestation in tropical areas and loss of habitat for endangered species such as orangutans.
The mark will be available to product manufacturers and retailers in early 2011, according to the statement. It’s intended to encourage more companies to commit to using only certified sustainable palm oil.
The Roundtable is an organization of almost 400 palm growers, palm oil processors and traders, retailers, investors and non-governmental organizations such as Oxfam International and World Wildlife Fund.
source : bloomberg
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