Thread by @chinadialogue

🌴Today our #palmoil reporting team arrived in Kuala Lumpur where they will deliver a breakout session at the Roundtable on Sustainable Palm Oil's (@RSPOtweets) annual conference later this week.

✋Here are 5️⃣ things you should know before RSPO’s #RT2022:

✍️ @josiepips

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1️⃣ Formed in 2004, the RSPO brings together stakeholders from across the global #palmoil industry including:
🌴 Producers
🤝 Processors + traders
🏭 Consumer goods manufacturers
🛒 Retailers
💰 Banks + investors
✊ Environmental + social NGOs

#RT2022 @RSPOtweets #DYK

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2️⃣ The RSPO is often considered the leading standard for certified #sustainablepalmoil + palm-derived materials for food + oleochemical use.

🌴 Around 20% of global palm oil production is RSPO-certified.

#RT2022 @RSPOtweets #DYK

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🌱 The RSPO aims to reduce harmful impacts of #palmoil cultivation on the environment + communities in producing regions.

#RT2022 @RSPOtweets #DYK

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3️⃣ @RSPOtweets is a voluntary certification scheme, where accredited third-party auditors assess plantations + #palmoil mills against the RSPO’s Principles & Criteria which cover:
📄 Legality
🌱 Environmental and social responsibilities
💼 Business practices

#RT2022 #DYK

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🔎 Companies are assessed every five years against the Principles & Criteria with annual audits for compliance.

#RT2022 @RSPOtweets

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4️⃣ RSPO members must submit Annual Communications of Progress (ACOP) reports to assess progress towards producing + procuring RSPO-certified #sustainablepalmoil.

#Transparencymatters #RT2022 @RSPOtweets

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There are 4 supply chain models for purchasing #palmoil:
🌴 Identity preserved
🌴 Segregated
🌴 Mass balance
🌴 Book + claim

#Transparencymatters #RT2022 @RSPOtweets

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5️⃣ #Palmoil is used in countless products, from the food you can find in the supermarket🛒, to cosmetics💄, paints🎨, pharmaceuticals💊 and biofuels⛽.

It is a challenge to meet demand w/o driving deforestation, degradation, biodiversity loss + social conflict.

#RT2022

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🌴 We have covered palm oil since 2019. Our dedicated reporting team is committed to fair + balanced reporting on impacts + opportunities of #palmoil.

🤝 We are excited to take our learnings to #RT2022 + build new connections.

🔎 Find out more:
loom.ly/t5CEGKE

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