8th RSPO China Forum 2024 Promotes Inclusivity and Sustainability in Palm Oil Supply Chain

Palm Oil Magazine
8th RSPO China Forum 2024 Promotes Inclusivity and Sustainability in Palm Oil Supply Chain. Photo by: RSPO

PALMOILMAGAZINE, NANJING – The 8th Roundtable on Sustainable Palm Oil (RSPO) China Forum 2024 emphasized the need for greater inclusivity and sustainability in the palm oil supply chain. Held at the Shangri-La Hotel in Nanjing, Jiangsu Province.

The event highlighted the crucial role of certified sustainable palm oil (CSPO) in reducing greenhouse gas (GHG) emissions, introducing new sustainability initiatives, and fostering strong partnerships to drive market transformation in China.

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Co-organized by the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce, and Animal By-products (CFNA) and RSPO, the forum showcased sustainability efforts from Chinese companies. The event brought together RSPO members, government institutions, industry associations, financial organizations, NGOs, and certification bodies.

Also Read: Five Factors Shaping Indonesian Palm Oil Performance in 2024

Discussions focused on shared responsibility within the palm oil supply chain, urging all stakeholders to strengthen their commitment to sustainable production and trade.

RSPO CEO, Joseph D’Cruz, stated that the forum plays a key role in raising awareness and promoting CSPO in China. He also highlighted RSPO’s 20th anniversary achievements, including the conservation of over 300,000 hectares of forest and the transition of nearly five million hectares of palm oil plantations to sustainable production, with more than 20% of global production now certified.

Joseph also said the partnership value locally, including the memorandum of understanding (MoU) for five years with CFNA, re-emphasized the supports from RSPO for sustainability goals in the country. “By increasing sustainability performances and claiming for transparency, we would encourage CSPO consumption and procurement sustainably in China,” D’Cruz said, as Palmoilmagazine.com quoted from the official page of RSPO.

The main discussions in the forum were introduction to certification platform, trade and new traceability in RSPO and Prisma (Palm Resource Information and Sustainability Management). Formulated to increase trade efficiency and confirming to obey global scale – regulation, Prisma would be about to facilitate CSPO among RSPO members and traders in many regions.(P2)

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