The last holdout among big palm oil producers joins no-deforestation pledge

Posted: December 8, 2014 in Uncategorized

Grist

The Singapore-based palm-oil business Musim Mas announced Thursday that it will make sure that the oil it purchases hasn’t been harvested in ways that cause deforestation.

Musim Mas handles about 18 percent of the world’s palm oil. It was the last of the big palm oil companies that hadn’t agreed to fight against land clearing and human rights abuses. The announcement comes one year after Wilmar International, the biggest player in the palm-oil game, agreed to take a stand on the issue. Since then, all the other major corporations have followed suit. Now 96 percent of palm oil production is covered by a no-deforestation policy.

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It has been — in short — a remarkable year for reform in the palm oil industry.

The development of oil palm plantations has caused the loss of critical orangutan habitat and led to massive underground fires — where thousands of years of accumulated carbon, in the…

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