The key to sustainable production is changing the dynamics at the point of origin. Small producers carry a disproportionate weight of assuring sustainable practices are followed, often at increased cost and reduced yield.
A prime example raising concerns worldwide is the expansion of palm oil plantations. According to WWF, ~50% of consumer goods contain palm oil. Millions of smallholder farmers depend on it for their livelihood and it’s an important crop for the GDP of emerging economies.
Yet a Manhattan-sized area—about 23 square miles—of orangutan habitat is cleared daily for palm oil plantations. The good news is palm oil can be grown responsibly, protecting nature and benefitting people.
Over 90% of CEOs view sustainability as a strategic imperative. Circular supply chain enables the transparency and financial incentives needed to accelerate the shift to a mainstream sustainable palm oil industry, ensuring it continues to play a key role in food security.