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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.
18.09.2023 |
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13:55 |
Ukraine will sue Poland, Hungary and Slovakia over agricultural bans |
15.09.2023 |
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21:02 |
Following the expiry of the restrictive measures on Ukrainian exports of grain and other foodstuff to the EU, Ukraine agrees to introduce measures to avoid a renewed surge in EU imports |
13.09.2023 |
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17:54 |
Biodel AG Secures Series A Investment from Pangaea Ventures to Advance Novel Regenerative Agriculture Technologies |
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07:25 |
Rice Export Prices Highest in 15 Years as India Restricts Trade |
11.09.2023 |
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17:54 |
Export Bans, Black Sea Tensions, Affecting Food Markets - WTO Agriculture and Commodities Division |
09.09.2023 |
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18:36 |
Global cereal production forecast to match past record - FAO |
14.08.2023 |
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13:22 |
EBRD provides EUR60 million guarantee to support lending by Ukraine’s PrivatBank |
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13:18 |
Supporting small business in the west of Ukraine via Bank Lviv |
12.08.2023 |
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18:35 |
Russia Withdraws from Black Sea Grain Initiative |
04.08.2023 |
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19:32 |
Falling international maize and sugar prices partly offset notable jumps in wheat and vegetable oil quotations |
28.07.2023 |
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19:25 |
Cargill and partners announce first Gold Standard-approved methane emissions reduction methodology for beef producers |
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19:21 |
FAO welcomes European Union contribution of ˆ25 million to advance wildlife conservation and food security |
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18:55 |
BASF’s earnings in tough market environment significantly below strong prior-year quarter |
24.07.2023 |
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00:45 |
Brazil continues to make export gains and set new records for beef, pork, and chicken meat |
23.07.2023 |
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22:25 |
122 million more people pushed into hunger since 2019 due to multiple crises, reveals UN report |
22.07.2023 |
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08:17 |
U.S. dairy exports to Southeast Asia have been weak to start 2023 |
13.07.2023 |
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07:00 |
Russia Exports Record Wheat Volumes; Ukraine Exports Plummet |
08.07.2023 |
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09:00 |
FAO Food Price Index continued declining in June |
06.07.2023 |
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20:10 |
Global agricultural and food production are projected to continue to increase over the next ten years |
04.07.2023 |
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19:54 |
EBRD supports Ukrainian city of Dnipro with EUR25 million loan |
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09:03 |
Nibulon invests EUR 27 mln in construction of granary, flour mill in Izmail |
23.06.2023 |
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08:57 |
World coffee production for 2023/24 is forecast 4.3 million bags higher than the previous year to 174.3 million |
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08:55 |
Mexico’s Production Recovering from Coffee Leaf Rust |
22.06.2023 |
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04:05 |
EBRD and Ukraine government to mobilise ˆ600 million for Ukraine energy security |
21.06.2023 |
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20:26 |
EBRD and Ukraine government to mobilise EUR600 million for Ukraine energy security |
11.06.2023 |
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15:55 |
Argentina ramps up soybean imports from Paraguay and Brazil |
10.06.2023 |
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04:35 |
World Oceans Day must be Humans Day: FAO Fisheries chief |
09.06.2023 |
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11:24 |
EU extends trade benefits for Ukraine |
05.06.2023 |
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11:25 |
2023/24 Grain Production Exceeds Consumption |
02.06.2023 |
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11:45 |
Rebound seen for global cereal output, with worldwide stocks set to hit record levels |
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11:35 |
Significant drops in international quotations for wheat, maize, vegetable oils and cheese, while prices of rice, sugar and meat rise |
01.06.2023 |
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11:56 |
Conflict Drives Acute Hunger in the Democratic Republic of Congo - UN agencies warn |
31.05.2023 |
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12:29 |
Three New Foods and Their Applicable Food Safety Standards |
30.05.2023 |
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11:55 |
Haiti: Nearly half of the population is facing acute hunger |
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11:34 |
Increasing risk of hunger set to spread in hotspot areas as the Sudan crisis spills over into subregion and el Niño looms - warns new UN report |
28.05.2023 |
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12:51 |
Black Sea Grain Initiative not fully resumed – UN |
25.05.2023 |
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15:52 |
Ukrainian FM urges African Union to demand that Russia stop obstructing work of grain corridor |
20.05.2023 |
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11:49 |
Grain initiative talks continue considering proposal of UN Secretary General – Dpty Minister of Restoration |
05.05.2023 |
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14:45 |
The FAO Food Price Index rebounded slightly in April |
28.04.2023 |
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09:15 |
Yara . 1Q results impacted by falling prices, but tighter nitrogen market into 2Q |
21.04.2023 |
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22:10 |
Ukraine sees no reason to ban Ukrainian grain imports by EU countries - Solsky |
18.04.2023 |
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21:45 |
$5 million from FAO-China South-South Cooperation Programme will assist in building more resilient agrifood systems |
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21:05 |
China Becomes World’s Largest Wheat Importer in 2022/23 |
14.04.2023 |
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09:52 |
EBRD and Spain join forces to support Ukraine’s food security and municipal sector |
05.04.2023 |
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13:10 |
Astarta starts 2023 planting season |
31.03.2023 |
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00:27 |
War in Ukraine continues to impact EU farmers |
28.03.2023 |
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22:17 |
Ukraine sends 150,000 tonnes of wheat to Asia |
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12:00 |
Global onion prices are at record-high levels due to a global shortage of onions |
12.03.2023 |
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06:17 |
It will enrich Egypt if a kilo of onions costs HUF 1,000 |
10.03.2023 |
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11:03 |
Plummeting Argentina Soybean Production Impacts Global Soybean and Products Trade |
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