Palm oil is synonymous with deforestation and exploitation of workers. Why is the crop grown at all, and can it be done ethically and sustainably? Rabobank’s Sustainability Director Bas Rüter describes the case for and against palm oil.
Watch the video now (2 minutes):
Bas Rüter, Sustainability Director Rabobank:
“We only finance members of the Roundtable for Sustainable Palm Oil (RSPO).”
“80% of the palm oil sector isn’t financed by us because it doesn’t meet RSPO standards.”
“We work with all the parties involved to move the sector in the right direction.”
“Palm oil yields are six times higher than the next most efficient crop.”