The RSPO is a multi-stakeholder forum with the aim to “make sustainable palm oil the norm.” It’s more than 5,000 members are from the 7 sectors of the palm oil industry: oil palm producers, processors and traders, consumer goods manufacturer, retailers, banks and investors, and environmental and social non-governmental organizations, to develop and implement global standards for sustainable oil palm.
The BASF Palm Dialog, established in 2016, is a platform to discuss topics relevant for the industry with representatives from the entire supply chain. During the past years we have discussed solutions and possible pathways forward with participants from industry, retail, associations and NGOs.
Palm kernel oil and to a lesser extent palm oil are some of our most important renewable raw materials. We mainly use these raw materials to produce ingredients for the cosmetics, detergent, cleaner and food industries. Oil palms have the highest
yield per hectare compared to other oil producing crops, hence palm oil needs significantly less land to grow the amounts of raw materials needed. Oil palm products also reduce poverty as they provide income for millions of farmers and their families.
And with its unique chemical properties, palm kernel oil is especially difficult to substitute. We aim to ensure that palm-based raw materials come from certified sustainable sources.
To this end, we have endorsed the Roundtable on Sustainable Palm Oil (RSPO) since 2004 and we consider RSPO to be a standardized implementation of a strong No Deforestation, No Peat, No Exploitation (NDPE) policy. We purchased 159,798 metric tons of palm oil and palm kernel oil in 2023.