Ongoing research by Climate Advisers and S-Network Global Indexes found that companies in the palm oil sector who do not have sustainability policies have significantly underperformed, compared to those that have followed no-deforestation programmes. Furthermore, the study found that companies who are members of the Roundtable on Sustainable Palm Oil (RSPO) outperform similar companies that are non-RSPO members. Over the past five years, RSPO companies outperformed the FTSE Bursa Malaysia Asian Palm Oil Plantation Index (USD) by approximately 6 percent.
Investing in deforestation poses material risks
The findings of the ongoing research also found that investing in companies engaged in deforestation-related activities poses material risks and produces poor returns for financial institutions. The study is being conducted by Matt Piotrowski and Gabriel Thoumi, with the results announced during the Global Climate Action Summit (GCAS) Affiliate Event in San Francisco on September 13.
RSPO commends Climate Advisers and S-Network for their effort in pursuing concrete evidence that can help to limit deforestation and enhance the sustainability of global palm oil.
For further information on the press release/research, please follow this link.
Keep reading
Call for Proposal: Study on Wild Palms in West and Central Africa
RSPO hosts first Africa downstream sustainable palm oil supply chain forum in Cape Town
Nearly two decades on, Europe continues to drive global demand for RSPO Certified Palm Oil
Communicating Sustainable Palm Oil - examples of success across Europe
[EOT] Terms of Reference: Independent Smallholders Outreach Programme in Indonesia
RT2023 Delegates Propose Solutions to Reinforce RSPO’s Assurance System – End-Year Highlights of Assurance Standing Committee
RSPO UK Members' Day Examines Shifting Dynamics of Doing Business within Europe
Celebrating 20 Years of RSPO’s Sustainability Journey
