Planters say anti-palm oil campaigns hinder sustainability shift

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Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against the use of the oil.Campaigners say the industry is responsible for the deforestation of tropical rainforests and human rights abuses and have initiated consumer boycotts of palm oil, which is found in everything from pizza to lipsticks.However, such campaigns are hindering the industry's efforts to achieve sustainability certification and develop a market for certified sustainable palm oil (CSPO), top palm oil producers said at the Reuters Next conference.The panellists said sales of more expensive sustainable palm oil, certified by bodies including the Roundtable on Sustainable Palm Oil (RSPO), are still lacking."The supply of CSPO outstrips demand by a factor of two... Even if you are certified, it does…