GreenPalm and UTZ reduce fees on sustainable palm oil
Late last year, purchasing sustainable palm oil became even more attractive thanks to GreenPalm and UTZ Certified lowering their transaction fees. Both traders now charge 2 US dollars per metric ton (MT) sustainable palm oil, whatever supply chain system is used (i.e. 'segregated', 'mass balance' or 'book and claim'). Contributions to the RSPO remain at 1 USD/MT, bringing total fees (transaction fee + contribution to RSPO) to 3 USD/MT. Late last year, the RSPO pledged to use fees collected from certified palm oil trade for helping small plantation owners meet certification requirements such as local inspections by independent certifying agents. The policy will be part of the Taskforce on Smallholders' new work program, which is under development.
Note:
As of 1 January 2017, the RSPO no longer endorses GreenPalm as the service provider for the trade in Book and Claim certificates. From this date, RSPO-certified volumes can be sold via Credits on the RSPO PalmTrace platform.
Keep reading
RSPO accepted in the Netherlands as a private control system for EUDR
RSPO x JaSPON Conference and Member Engagement Forum 2025 Spotlights Japan’s Sustainability Success and Market Growth
Call for Expression of Interest: Independent Investigation of a Complaint
Call for Expression of Interest: Mexico National Interpretation Task Force for 2024 RSPO Principles and Criteria (RSPO P&C) and Independent Smallholder (ISH) Standard
RSPO–APKASINDO Partnership to Boost Inclusive Growth, Certification, and Market Access for Oil Palm Smallholders
Open Letter to COP30 President: Integrating Forests and Biodiversity: A Policy Central to Paris Agreement Success
Bridging the Auditing Divide: Key Takeaways from the RSPO Assurance Forum 11
Extension of RSPO Excellence Awards 2025 Submission Deadline!
