Palm oil players welcomed the new standard, which also covers traceability requirements for Scope 3 emissions. However, it does not cover the measurement of forest carbon yet, which the standard setter said it needs more time to develop.
Plantation and commodities minister Noraini Ahmad said an official used cooking oil (UCO) benchmark will improve market transparency, guide fair trading, and support a more sustainable palm oil market.
The carbon footprint of meals is to be displayed on select menus at the National University of Singapore. But convenience-conscious students are sceptical that the initiative will inspire environmentally-friendly dining.
From flood control scandals that swallowed billions in public funds to Indigenous resistance against palm oil bulldozers, Eco-Business’ 10 most-read stories show how extreme weather, geopolitics and rushed renewables are sharpening the urgency – and complexity – of climate action across Asia.
With investors already confronting the consequences of environmental instability, there can no longer be any doubt that nature risk is financial risk. Asset owners, central banks and institutions like the International Monetary Fund have a responsibility to integrate this awareness into all their activities.
Oleh
Julie McCarthy dan
Patrick Odier
As the UN’s shipping regulator explores ways to decarbonise global shipping, biofuels aren’t the green alternatives they are portrayed to be.
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Megan Morrissey
As Indonesia forges ahead with plans to become an advanced economy, an honest reckoning needs to occur, to ensure that it does not squander its vast environmental resources for short-term gain.
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Melinda Martinus
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
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Peter Ford
In the first in a new video series where sustainability leaders interview each other about the toughest things about their jobs, Simon Lord of Malaysian palm oil giant Sime Darby Plantation went head to head with Pamela Mar of Hong Kong-based textile and apparel giant Fung Group.
Studio EB
What does it mean to build a clean and fair palm oil supply chain? For drivers in Indonesia used to unsafe working conditions, this is what it could look like.
Studio EB
The Roundtable on Sustainable Palm Oil has released new criteria for certifying responsibly grown palm oil. What's changed and how does RSPO respond to criticism that the new standard lowers the bar for deforestation?
Studio EB
Transboundary haze pollution is back with a vengeance in Southeast Asia. The Eco-Business Podcast talks to RSPO CEO Joseph D'Cruz about what the palm oil sector can do to put out the peatland fires that have burned annually for four decades.
Some environmentalists would argue that there's no such thing as sustainably grown palm oil, because of the crops links to deforestation and human rights abuses. Eco-Business spoke to Monique van Wijnbergen about how palm can be done right.