IOI Group, one of Malaysia’s largest corporations, has been suspended from the Roundtable on Sustainable Palm Oil (RSPO), an association it helped to found. The suspension was announced by RSPO in a statement released late last week. The allegations were first made by NGOs six years ago. During the intervening period, IOI has been one of the largest supplies of RSPO’s IOI has generally denied the allegations against it, which include uprooting trees without the proper government permits, flouting the RSPO’s procedures, operating on deep peat and using fire to clear land. “Certified Sustainable Palm Oil” (CSPO) to Unilever, which is also a member of the RSPO. IOI’s suspension means that is no longer able to sell CSPO labelled palm oil.
IOI Group, one of Malaysia’s largest corporations, has been suspended from the Roundtable on Sustainable Palm Oil (RSPO), an association it helped to found. The suspension was announced by RSPO in a statement released late last week. The allegations were first made by NGOs six years ago. During the intervening period, IOI has been one of the largest supplies of RSPO’s “Certified Sustainable Palm Oil” (CSPO) to Unilever, which is also a member of the RSPO. IOI’s suspension means that is no longer able to sell CSPO labelled palm oil.