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'They'd never do it': Why food manufacturers won't shoulder palm oil sustainability costs

‘They’d never do it’: Why food manufacturers won’t shoulder palm oil sustainability costs
There is little chance of food manufacturers covering the costs of palm oil sustainability efforts, despite new research saying it would require just a 2% increase in prices, according to an industry expert.
A recent report released by commodity risk analysis institution Chain Reaction Research revealed that palm oil-related sustainability efforts could be paid for by FMCG companies with a less than 2% increase in product prices – e.g. a US$0.06 increase on a US$3 chocolate bar.
“The overall value generated [for products using palm oil] stood at US$68.5bn in 2019/2020 for the FMCG sector alone, whereas the annual costs of producing ‘sustainable’ palm oil have been calculated to be just some US$6bn per year,” said the report authors. ....

Khalil Hegarty , Roundtable On Sustainable Palm Oil , Procter Gamble , Chain Reaction Research , Certified Sustainable Palm Oil , Sustainable Palm Oil , க்யாலில் ஹெகார்டி , வட்ட மேசை ஆன் நிலையான பனை எண்ணெய் , ப்ராக்‌டர் சூதாட்டம் , சங்கிலி ரியாக்ஶந் ஆராய்ச்சி , சிஇஆர்டிஐஎஃப்ஐஇடி நிலையான பனை எண்ணெய் , நிலையான பனை எண்ணெய் ,

Sustainability Snippets: ASEAN-EU palm oil sustainability debate, Nestle Waters' new pledge, Australia meat carbon neutrality and more feature in our round-up

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Sustainability Snippets: ASEAN-EU palm oil sustainability debate, Nestle Waters new pledge, Australia meat carbon neutrality and more feature in our round-up
By Pearly Neo
The ASEAN-EU palm oil sustainability debate, Nestle Waters new commitment, Australia s meat carbon neutrality and more feature in this edition of Sustainability Snippets.
Palm oil and sustainability disagreements have caused ASEAN-EU trade relations to sour even further over the past year with a potential trade war on the line, even as the UK has moved to soften its stance to cement better ASEAN relations post-Brexit.
Palm oil has become a major reason for stalled discussions in the ASEAN-EU Strategic Partnership joint working group, where so far not even a meeting agenda has been approved. ....

New Zealand , United Kingdom , South Korea , South Korean , Michael Mccormack , Scott Morrison , Doug Mcnicholl , Khalil Hegarty , Strategic Partnership , Fund Of , Fund Of Funds , Korean Ministry Of Agriculture , Trade Policy Director , Article Three , Nestle Water , Nestle Waters , Nestle Pure Life , Asia Pacific , Nestle Waters Head , Australian Prime Minister Scott Morrison , Deputy Prime Minister Michael Mccormack , Livestock Australia , Carbon Neutral , Sustainability Innovation Doug Mcnicholl , East Asian , South Korean Ministry ,

Palm oil trade war? ASEAN-EU relations sour over sustainability debate even as UK softens stance

Palm oil trade war? ASEAN-EU relations sour over sustainability debate even as UK softens stance
confectionerynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from confectionerynews.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , Bruxelles Capitale , Khalil Hegarty , Malaysian Sustainable Palm Oil , European Commission , Roundtable On Sustainable Palm Oil , Asean Eu Strategic Partnership , Indonesian Parliament Dr Herman Khaeron , Indonesian Sustainable Palm Oil , Strategic Partnership , Member Of The Trade Commission , Trade Policy Director , Article Three , New Green Deal , Trade Commission , Indonesian Parliament Dr Herman , Belgian Government , Joint Working Group , Sustainable Palm Oil , ஒன்றுபட்டது கிஂக்டம் , ப்ரூக்ஸெல்ஸ் தலைநகரம் , க்யாலில் ஹெகார்டி , மலேசியன் நிலையான பனை எண்ணெய் , ஐரோப்பிய தரகு , வட்ட மேசை ஆன் நிலையான பனை எண்ணெய் , யாசீன் யூ மூலோபாய கூட்டு ,

Palm oil trade war? ASEAN-EU relations sour over sustainability debate even as UK softens stance

Palm oil trade war? ASEAN-EU relations sour over sustainability debate even as UK softens stance
Palm oil and sustainability disagreements have caused ASEAN-EU trade relations to sour even further over the past year with a potential trade war on the line, even as the UK has moved to soften its stance to cement better ASEAN relations post-Brexit.
Palm oil has become a major reason for stalled discussions in the ASEAN-EU Strategic Partnership joint working group, where so far not even a meeting agenda has been approved.
This is because the EU has been adamant on including the EU Green Deal, which features its Farm-to-Fork strategy. This is seen as being detrimental to palm oil-producing nations, so ASEAN has refused to accept it. ....

United Kingdom , Bruxelles Capitale , Khalil Hegarty , Malaysian Sustainable Palm Oil , European Commission , Roundtable On Sustainable Palm Oil , Asean Eu Strategic Partnership , Indonesian Parliament Dr Herman Khaeron , Indonesian Sustainable Palm Oil , Strategic Partnership , Member Of The Trade Commission , Trade Policy Director , Article Three , New Green Deal , Trade Commission , Indonesian Parliament Dr Herman , Belgian Government , Joint Working Group , Sustainable Palm Oil , ஒன்றுபட்டது கிஂக்டம் , ப்ரூக்ஸெல்ஸ் தலைநகரம் , க்யாலில் ஹெகார்டி , மலேசியன் நிலையான பனை எண்ணெய் , ஐரோப்பிய தரகு , வட்ட மேசை ஆன் நிலையான பனை எண்ணெய் , யாசீன் யூ மூலோபாய கூட்டு ,

'Normalisation in sight': What a Biden administration means for US-APAC food trade and relations

‘Normalisation in sight’: What a Biden administration means for US-APAC food trade and relations
Experts predict that the incoming United States administration of President-elect Joe Biden will mean positive news for the food and beverage industry in the Asia Pacific region, especially when it comes to food-related investments and repairing trade relations.
The primary expectation for the food and beverage industry is a ‘normalisation’ of trade relationships between the United States and countries in APAC after a ‘tumultuous’ few years.
“Overall, we definitely expect much less chaos in US trade relations with countries in APAC, than has been the ongoing situation over the past few years [under Trump] – I’d really say that normalisation [of trade relations] is finally in sight,” trade consultancy firm ITS Global Director of Market Access Jon Berry told ....

United States , New Zealand , Republic Of , Jon Berry , Khalil Hegarty , Pacific Partnership , Market Access Jon Berry , Asia Pacific , Policy Khalil Hegarty , Southeast Asia , Trans Pacific Partnership , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , குடியரசு ஆஃப் , ஜான் பெர்ரி , க்யாலில் ஹெகார்டி , பெஸிஃபிக் கூட்டு , சந்தை நுழைவு ஜான் பெர்ரி , ஆசியா பெஸிஃபிக் , பாலிஸீ க்யாலில் ஹெகார்டி , தென்கிழக்கு ஆசியா , டிரான்ஸ் பெஸிஃபிக் கூட்டு ,