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Over 50% of world's palm oil bound by zero deforestation commitments

2014-03-03 20:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Over half the world's palm oil traded internationally is now bound by zero deforestation commitments after Singapore-based Golden-Agri Resources (GAR) extended its forest conservation policy across all palm oil it produces, sources and trades. In a filing posted Friday Singapore Stock Exchange, GAR announced its breakthrough forest conservation policy - which when established in 2011 was the first by a palm oil major - now applies to all the palm oil it trades. "Golden Agri-Resources (GAR)...

Tags: oil zero palm bound

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