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Price Swoop Down, Will it Be The Market Transformation?



Price Swoop Down, Will it Be The Market Transformation?

JAKARTA – Market demands, seems like the answer of many problems and public pressure sounded by Non Government Organizations (NGOs) massively and sporadically. The tightened of pressure by the NGOs, as massively also driven to the fundamental change to the global palm oil industry players.

 Since its establishment in 2004 ago, non-profit organization Roundtable on Sustainable Palm Oil (RSPO), has been claimed as the communication bridge for global palm oil stakeholders. Due to some of palm oil stakeholders from upstream to downstream, seller, consumer goods industry, bank and investor, social and environment NGOs as it members.

The round table organization which is adopted the equal rights and requirements as the model, possibly it members to issue their opinions and wishes. Although, when held voice voting, often the palm oil producer ignored due to the minimum supporting from other members.

Although still fairly young, but RSPO’ performance cannot be underestimated. By its pilot breakthrough, by making sustainable principals and criteria audited by independent auditor institution, if passed by RSPO standard, the production will achieve RSPO logo, Certified Sustainable Palm Oil (CSPO) as the sustainable palm oil identity.

According to RSPO Chairperson, Biswaranjan, RSPO supports palm oil stakeholders to producing and using sustainable palm oil. RSPO is non-profit organization by voluntary members.

“Discontinuing deforestation and ensure the trace of every palm oil production, become the part of RSPO responsibility,” said Biswaranjan. (T1)

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