Palm oil spot markets have become a backdoor that has allowed non-compliant producers to enter into the supply chains of companies with No Deforestation, No Peatland, and No Exploitation policies. The spot market’s nature allows palm products to cross many hands before reaching their final destinations, making due diligence difficult.
Please join Chain Reaction Research (CRR) analysts for a discussion on the palm oil spot market, how it contributes to deforestation and what market players can do to perform due diligence to reduce their exposure to deforestation.
Date - July 22, 2020
Time - 10:00 UTC−5 (EST - Eastern Standard Time) (US and Canada)
Hosts - Thre three partners in the CRR consortium: Aidenvironment, Profundo, Climate Advisers
Expanding agricultural production was one of the main factors behind the Brazilian tropical fires that shocked the world in 2019. Indonesia also endured extensive blazes, often linked to deforestation for palm oil. NGOs, politicians and celebrities called for action to stop the fires, and the world will be watching again in 2020.
CRR analysts held a webinar on June 5th, 2020 to discuss the main drivers of the fires in Brazil and Indonesia, the actors involved, the political context, and the risks for investors. We will also look ahead at the risks involved with the upcoming fires season expected this summer.
Webinar Recording: https://youtu.be/jdYT_g9ENxw
WEDNESDAY, 27 MAY 2020, 10H00 – 11H15
FOR MORE INFORMATION, OR TO REGISTER, VISIT https://bit.ly/2zsrqdk
THE MEDIA IS INVITED TO PARTICIPATE.
Juliette Laplane from Profundo will, together with Kees Kodde from Oxfam Novib give an introduction to Profundo and the FFGI Methodology. Profundo shares its insight into conducting FFGI Policy Assessments of DFIs, the importance of a rigorous methodology, and a comparative understanding of DFIs from around the world.