Palm Oil Sourcing Should Be Disclosed to Consumers

SHARE

Palm Oil Sourcing Should Be Disclosed to Consumers, Sustainability Study RecommendsCompanies selling products which contain palm oil need to be upfront about where it comes from, so as to relieve consumers of the burden of making sustainable choices, a UK study says.

Researchers from the University of Cambridge say companies should not rely simply on purchasers’ own awareness of the need to make environmentally responsible decisions, but should publicly disclose the identities of their palm oil suppliers.

Palm oil production causes deforestation , greenhouse gas emissions from peatland conversion, and biodiversity loss, and the oil is found in many products, often without consumers’ knowledge.

The study found that UK consumer awareness of palm oil was high (77 percent), with 41 percent of those aware of it viewing it as “environmentally unfriendly.” Yet almost no consumers were aware of the RSPO label that showed a product contained sustainably-produced palm oil.

“In terms of label recognition versus action, 82 percent of people recognized the Fairtrade label, but only 29 percent actively buy Fairtrade products,” Dr. Ostfeld said.

EMAIL US

hello@responsible-investors.com

SPREAD THE WORD

The purpose of this site is to serve as a daily news source and learning point for ESG, SRI and Impact investment trends and to promote awareness of environmental, social and governance issues and opportunities. 

The information provided by this site is not a recommendation to invest or purchase products. This site does not take into account your particular investment objectives, financial situation or investment needs, all of which should be considered prior to making an investment decision. We encourage seeking professional financial advice before making any investment decision.

 By Responsible-Investors ©