Cargill Cuts Ties With Guatemalan Palm Oil Supplier Over Lack of Sustainability
Cargill has suspended its business with Guatemalan palm oil supplier Reforestadora de Palmas del Petén, SA (REPSA) because of the business’ inability to meet Cargill’s benchmarks for sustainability.
The announcement was applauded by a variety of NGOs including the Rainforest Action Network, Friends of the Earth, ActionAid USA, and Guatemalan civil network CONGCOOP which highlighted the move as a signal to the palm oil industry that it must attain and continue to meet environmental and social obligations.
Cargill has stated that it will agree to re-examine its business with REPSA if the company shows indications that its production practices have been adjusted to reflect the intention of meeting Cargill’s sustainability and human rights requirements.
More on palm oil in this white paper: From Plantation to Pricing: Navigating the Modern Palm Oil Landscape