Responsible Investor

RSPO, the trade body representing stakeholders in the palm oil sector, is facing investor calls to strengthen its policies and guidelines in what is being called an opportunity for the body to “build credibility”. A group of more than 90 institutional investors, with more than $6.7trn in assets, responded to an open public consultation organised by the RSPO to review and update its Principles and Criteria for the next five years. To remedy the “significant shortcomings that materially weaken the P&C”, the investors supported adoption of more stringent language to protect High Carbon Stock (HCS) forests and land, mandated disclosure of concession maps and consistent sanctions of member companies who violate the P&C. The investor group is coordinated by Ceres.

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