January 17, 2023
The latest update from Action for Sustainable Derivatives (ASD), an industry-led collaboration aimed at achieving sustainable production and sourcing of palm oil derivatives, discusses its progress in 2022, from deploying joint action to engage the palm derivatives supply chain, market, and transformation in key production areas to amending priorities to track developments and prepare members for compliance.
Highlights include collective transparency for 1,030,000 tons of palm-based materials—almost a 25 percent increase in the volume covered during ASD's second year. This represents around 1.4 percent of the global palm production and 10-20 percent of the palm kernel oil-based oleochemicals market.
Learn more about ASD's impact.
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