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CPO PRICE DECREASES WILL THIS BE THE OPPORTUNITY TO TRANSFORM THE MARKETS?

30 December 2014 , 06:57 WIB | Read : 641 | By : Ignatius Ery Kurniawan

The longterm stagnancy of palm oil markets in European Union seems to has no end. The reason is that the accusations get stronger, demand the responsibility of palm oil producers to improve and produce sustainable palm oil.

What the markets demand seems to be the answer of many problems and public pressure which many non government organizations protest massively and sporadically. The simultonous pressure brings fundamental changes to the global palm oil businessmen.

Since it was founded in 2004, the non profit organization, Rountable on Sustainable Palm Oil (RSPO) has been taken as the communication bridge to the global palm oil stakeholders. Most of them, from the upstream to the downstream, traders, consumer goods industries, banks, investors and social and environmental NGO become the members.

The roundtable organization which adopts the same rights and obligation as the model may let the members to suggest their opinion and wishes, though when voting process would fail the suggestions. The producers always get this because they are lack of supports.

Though it is new one, RSPO cannot be underestimated. In the first breakthrough, the organization published the principles and criteria which were audited by independent institution. And if it passes the audit of RSPO standard, the production could have RSPO logo, that is, Certified Sustainable Palm Oil (CSPO) as the identity of sustainable palm oil.

Chairperson of RSPO, Biswaranjan said, RSPO supports all palm oil stakeholders to produce and use sustainable palm oil. RSPO is non profit organization having the voluntarily members.

“Stop deforestation and make sure all track records of palm oil well become the parts and responsibility of RSPO members,” Biswaranjan emphesized.

Responsibility

The Principles and Criteria in RSPO (P&C RSPO) actually support sustainable palm oil business. Having them, the enlargement of palm oil plantations will increase the productivity. Based on the best and sustainable managerial cultivation, P&C RSPO will emphasize the presence of good environment and social for the people around.

In addition, P&C RSPO seem to redeem the social and environmental conflicts which come up recently, especially when the plantations start producing.

Advisor RSPO, Prof. Bungaran Saragih said,. . .

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