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The forum was attended by growers, traders, finished goods manufacturers, and retailers.
Sustainable palm oil is already taking notice in China. The world’s second largest producer of palm oil hosted an international forum on the topic earlier this month.
The Roundtable on Sustainable Palm Oil (RSPO) reports that it cohosted the forum on July 18 in Tianjin, alongside WWF China, the Consumer Goods Forum, and the Chinese Chamber of Commerce of Foodstuffs and Native Produce (CFNA).
The forum reportedly introduced new sustainable palm oil commitments from leading multinational companies, including Unilever, Walmart, and L’Oreal. Palm oil growers, processors and traders, consumer goods manufacturers, and retailers were in attendance.
“We are seeing many pioneering companies take a lead in steering the market towards sustainable palm oil, in order to ensure the world’s future,” said RSPO secretary general Darrel Webber. “What is most inspiring is that some of these companies are making commitments before consumer awareness and demand are fully established.”
In 2011, China supplied an estimated 5.9 million tons of palm oil to the rest of the world. Demand for the ingredient is expected to grow.