Posts Tagged ‘sustainable palm oil’
Top 11 Impact Stories of the Shareholder Season
With the close of the 2018 – 2019 shareholder season, here are the top 11 impact stories of Green Century’s shareholder advocacy program.
Read MoreHow Green Century Does Shareholder Advocacy – Strengthening RSPO Standards on Sustainability
In Malaysia, Green Century Shareholder Advocate Jessye Waxman attended the 15th Annual General Assembly of the Roundtable on Sustainable Palm Oil (RSPO), the world’s largest third-party certifier for sustainable palm oil. It was an important meeting as the RSPO was poised to consider enhanced certification standards.
Read MoreHow Green Century Does Shareholder Advocacy – Financing Sustainable Palm Oil in Indonesia and Malaysia
Considerable strides have been made in palm oil sustainability in just the past six years. Since Green Century began pressing palm oil growers and traders to make zero-deforestation commitments in 2012, the percentage of refined palm oil covered by these commitments has ballooned from 5% to 74%.
Securing these commitments has been instrumental in the effort to combat climate change, preserve habitats for endangered species, and mitigate potential financial risks for investors.
Read MoreHow Green Century Does Shareholder Advocacy – Tropical Forest Protection in Indonesia and Malaysia
I just returned from Indonesia and Malaysia, where I met with palm oil growers, processors, and traders, and with banks that finance the development of palm oil, to press them to end deforestation. As a shareholder advocate, my job is to engage with companies and pressure them to improve their environmental practices.
Green Century’s shareholder advocacy is unique. Our version of shareholder advocacy goes well beyond simply voting the proxies of the corporations in our Funds.
Read MoreGreen Century Applauds New Palm Oil Certification Standards from the RSPO
KOTA KINABALU, MALAYSIA, November 26, 2018 – Green Century commends the RSPO, the world’s largest third-party certifier for sustainable palm oil, for ratifying and adopting enhanced certification standards at its 15th Annual General Assembly. Palm oil is found in an estimated 50% of all packaged goods and its production is a leading driver of deforestation.
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