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BASF achieved its 2020 Palm Commitment
04.03.2021 12:33 "Agro Perspectiva" (Kyiv) —
227,213 metric tons of certified palm oil and palm kernel oil sourced representing 100 percent of procured material Almost 95 percent of global palm footprint traceable back to the oil mill level More than 430,000 metric tons CO2 in 2020 avoided by sourcing certified sustainable palm kernel oil BASF reached an important milestone on its path toward sustainable palm. The company achieved its commitment to procure palm (kernel) oils exclusively from sources certified by the RSPO by 2020. Last year, BASF purchased 227,213 metric tons of certified sustainable palm (kernel) oil representing 100 percent of BASF’s total volume as RSPO certified. In addition, BASF also made further progress in developing transparent supply chains: The company was able to trace almost 95 percent of its global palm footprint — totaling 441,107 metric tons — back to oil mill level. Additionally, as in previous years, BASF published its product carbon footprint (PCF) for sourcing certified sustainable palm (kernel) oil. Compared to conventional sourcing, BASF avoided more than 300,000 metric tons of CO2 emission in 2020. RSPO-certified production of palm kernel oil shows around 36 percent lower global warming impact than non-certified production. The PCF is calculated according to the requirements and guidelines for quantification as stated in ISO «14067:2018–08 — Greenhouse gases — Carbon footprint of products». Further commitment While having reached this important milestone, BASF is now fully focused on the other part of its 2015 commitment: to also include the commitment of certified sourcing to those significant intermediates which are based on palm oil and palm kernel oil by 2025, e.g. fatty alcohols and fatty acids. Palm kernel oil and its primary derivatives are amongst BASF’s key renewable raw materials. They are mainly used to produce ingredients for the cosmetics, detergent and cleaner industries, as well as in human nutrition. The progress can be discovered in detail at the Palm Dialog website.
19.03.2024 |
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09:43 |
CAP - The Commission proposes simplifications that safeguard agricultural transitions! |
18.03.2024 |
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23:10 |
The European Union and Switzerland launch negotiations to deepen bilateral relations |
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10:05 |
Commission proposes targeted review of Common Agricultural Policy to support EU farmers |
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23:36 |
Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola |
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23:19 |
FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign |
13.03.2024 |
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23:27 |
FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers |
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16:51 |
The European Commission sets out key steps for managing climate risks to protect people and prosperity |
12.03.2024 |
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20:25 |
Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework |
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20:24 |
INTA MEPs fail EU producers by dismissing potential improvements to Ukraine ATMs |
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08:10 |
Soybean meal is expected to be a more competitive feed ingredient on higher global supplies. |
11.03.2024 |
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09:11 |
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15:20 |
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13:21 |
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13:14 |
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11:45 |
Commission approves ˆ61.3 million Bulgarian State aid scheme to support farmers, producers of grain and oil crops, in the context of Russia's war against Ukraine |
07.03.2024 |
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20:41 |
First go-ahead to renewing trade support for Ukraine and Moldova |
05.03.2024 |
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15:55 |
Commission proposes to prolong road transport agreements with Ukraine and Moldova and introduces updates to the agreement with Ukraine |
02.03.2024 |
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07:31 |
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23.02.2024 |
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10:21 |
BASF’s financial strength supports proposed stable dividend of ˆ3.40 per share for the 2023 business year |
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10:17 |
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20.02.2024 |
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20:27 |
South Asia is anticipated to import nearly 14 million tons wheat in 2023/24 |
19.02.2024 |
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13:00 |
Cargill and ENOUGH expand partnership to provide consumers with innovative, sustainable protein options |
17.02.2024 |
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17:47 |
Global Environment Facility approves new FAO-led projects and programs benefiting 46 countries |
16.02.2024 |
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09:10 |
The EU is at a crossroads with the Ukrainian agricultural issue - COPA-COGECA, AVES, CEFS, CEPM, CIBE, EUWEP |
13.02.2024 |
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17:31 |
European farmers exempted from rules on land lying fallow |
12.02.2024 |
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16:45 |
India Wheat Stocks Plummet to Lowest in 15 Years |
03.02.2024 |
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17:35 |
Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons |
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09:59 |
Record cereal output in 2023 |
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07:15 |
FAO Food Price Index down again in January led by lower wheat and maize prices |
29.01.2024 |
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10:32 |
President von der Leyen launches Strategic Dialogue on the Future of EU Agriculture |
26.01.2024 |
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11:31 |
Record Exports Forecast for Egypt Oranges |
23.01.2024 |
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17:55 |
With the Federal Chancellor in the show bakery |
19.01.2024 |
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11:45 |
Organic production in Ukraine |
16.01.2024 |
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23:25 |
Domestic consumption of dairy products may double in 2024 – analysts |
12.01.2024 |
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23:53 |
Competition Tightens for Leading Pork Exporter |
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22:55 |
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22:43 |
Grains Trade Disrupted by Challenges in Key Shipping Routes |
10.01.2024 |
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15:38 |
In China, the largest import market for dairy products, surplus raw milk production led to government subsidies to stabilize the domestic processing sector |
09.01.2024 |
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11:55 |
The FAO Sugar Price Index averaged 134.6 points in December, down 26.8 points from November |
06.01.2024 |
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12:43 |
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05.01.2024 |
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17:21 |
EU imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade |
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17:00 |
FAO Food Price Index declines in December. Benchmark measure of world food commodity prices ends 2023 about 10 percent below its year-earlier level |
29.12.2023 |
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09:53 |
Global and Bank of Georgia sign EUR50 million loan agreement to support small businesses |
28.12.2023 |
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16:47 |
EIB delivers EUR3 million for energy-efficient upgrades in three Ukrainian cities |
27.12.2023 |
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23:11 |
EU agri-food trade surplus increases in September 2023 |
26.12.2023 |
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15:05 |
FAO and EU launch a second grant call to bolster the recovery of Ukrainian farmers |
18.12.2023 |
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09:00 |
EIB Global offers support to Ukraine, Moldova and Georgia on the next step of their EU accession paths |
11.12.2023 |
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13:21 |
FAO Food Price Index holds steady in November |
09.12.2023 |
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22:15 |
Donau Soja: Republic of Moldova increases soya harvest in 2023 and boosts market opportunities in the EU |
24.11.2023 |
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12:25 |
SUGAR MARKET BY SESVANDERHAVE |
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