Palm progress report released
BASF has launched the fifth edition of its Palm Progress Report featuring figures for 2020.
One of BASF’s key renewable raw materials is palm kernel oil and its primary derivatives which are mainly used to produce ingredients for the cosmetics, detergent and cleaner industries, as well as in human nutrition.
In the past year, BASF has reached an important milestone on the road to sustainable palm oil. The company has committed to source palm (kernel) oils exclusively from RSPO-certified sustainable sources since then. In 2020, BASF purchased 227,213 metric tons of RSPO-certified sustainable palm (kernel) oil. This corresponds to 100 percent of the total volume purchased. In addition, BASF made further progress in developing transparent supply chains: almost 95 percent of the global oil palm footprint – a total of 441,107 metric tons – could be traced back to the oil mill.
The Palm Progress Report and further information on BASF's commitment can be found here.
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