Greenpeace's damning report on Malaysian palm oil supplier IOI, just one month after its membership of the Roundtable on Sustainable Palm Oil (RSPO) was renewed, could be damaging for the certifier, according to one sustainability consultant.
Greenpeace activists are blocking palm oil imports from Malaysian trader IOI at Rotterdam harbour in protest at the firm's involvement in forest destruction, peatland fires and use of child labour.
The damage caused by IOI’s deforestation and peatland drainage is “far greater” than that detailed in the complaint that led to the Roundtable on Sustainable Palm Oil suspending the supplier back in April, says Greenpeace.
Palm oil supplier IOI Corporation Berhad has ditched plans to sue the Roundtable on Sustainable Palm Oil (RSPO), saying it has “engaged” with customers, NGOs and the RSPO to resolve the matter.
Nestlé is cutting ties with palm oil supplier IOI. No new contracts will be awarded to the Malaysian firm and all existing ones will be “phased out” by the end of August, explained senior corporate spokesperson Nina Caren Kruchten in an email to FoodNavigator.
