GreenPalm, the certificate trading system that supports sustainable oil palm production, has introduced certificate traceability back to the individual originating certified mill for the 2016 market.
The move is in response to a resolution adopted by the General Assembly of the Roundtable on Sustainable Palm Oil (RSPO), asking for traceability back to the mills linked to the Book & Claim, segregated and mass balance supply chain systems. The resolution was proposed by Unilever, one of the world’s biggest buyers of oil palm products.
GreenPalm, operators of the Book & Claim system that enables buyers to offset palm purchases by buying certificates representing an equivalent volume of certified product, is the first non-physical supply chain option to implement such traceability system-wide.
Bob Norman, general manager of GreenPalm, said: “We’ve listened, reacted and introduced traceable certificates for the 2016 market.
“Currently, businesses have to work with their oil palm suppliers to devise traceability systems as there is no automatic method of tracing palm product purchases back to the originating mill. GreenPalm is the first non-physical supply chain option to link every purchase back to its source, giving the mill’s name and location so that every buyer of certificates will know which certified mill it is supporting.”
