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Eco-friendly palm oil favoured

2013-03-18
Manufacturers and retailers in Europe , Australia and Japan are buying more eco-friendly palm oil compared to two years ago although more firms need to display a stronger commitment to preserving forests, environment group EEF has said.
A scorecard devised by EEF showed 87 out of 132 firms , including Nestle and Unilever, had pledged to meet their palm oil needs by 2015 or earlier from planters in Asia, Africa and South America who do not cut forests and destroy wildlife
That signals growing demand for green palm oil, which now stands at half of the five million tonnes currently supplied to the market

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