Eighth RSPO China Forum calls for action to enhance palm oil supply chain sustainability

The 2024 China Sustainable Palm Oil Forum (eighth RSPO China Forum) strongly called for decisive action to enhance inclusivity and sustainability within the palm oil supply chain

The annual event highlighted the crucial role of RSPO Certified sustainable palm oil in reducing greenhouse gas emissions, introduced new sustainability initiatives, and emphasised the importance of strong partnerships to drive market transformation in China.

The forum showcased the sustainability efforts of Chinese enterprises. It attracted significant participation from RSPO Members, government bodies, industry associations, financial institutions, research organisations, NGOs, and certification bodies. Discussions were mainly focused on shared responsibility within the palm oil supply chain, urging stakeholders to increase their commitment to sustainable production and trade practices.

A significant highlight of the forum was the introduction of RSPO's new certification, trade, and traceability platform – prisma (Palm Resource Information and Sustainability Management). Designed to enhance trade efficiency and ensure compliance with global regulations, prisma aims to facilitate the adoption of certified sustainable palm oil among RSPO Members and regional market players. 

This year's forum serves as a platform for RSPO members to showcase their sustainability journeys. The positive progress and actions demonstrated by leading Chinese enterprises and supply chain companies clearly indicate that Chinese businesses are sending strong signals of sustainable demand to the market, upstream supply chain, and growers. The outcomes of the eighth China Forum are poised to resonate globally, influencing sustainability practices across the palm oil industry.

"The food and agriculture system is a cornerstone of sustainable development," said CFNA president, Cao Derong. "By adopting sustainable practices in the sourcing and processing of palm oil, China can position itself as a leader in building a global green value chain. Meanwhile, we are committed to strengthening global partnerships to address climate change and promote sustainable agriculture."