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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.
22.11.2024 |
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10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
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23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
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22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
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16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
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09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
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09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
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20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
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20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
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22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
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21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
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10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
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23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
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11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
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09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
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23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
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20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
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17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
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20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
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17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
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09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
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10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
21.09.2024 |
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18:30 |
Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS) |
17.09.2024 |
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09:52 |
Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America |
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08:44 |
FAO calls for G20 cooperation as hunger targets continue to elude |
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06:40 |
FAO sees open trade as a cornerstone of global food security |
13.09.2024 |
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07:08 |
U.S. Soybean Meal Hits 10‐Year High for Export Sales |
12.09.2024 |
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21:26 |
U.S. Corn Exports Buoyed by Large Supplies |
11.09.2024 |
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04:30 |
Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract |
06.09.2024 |
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11:35 |
FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices |
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10:34 |
Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers |
05.09.2024 |
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09:23 |
PM: Plan to develop small generation facilities to reduce vulnerability to terrorism |
30.08.2024 |
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05:03 |
Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy |
19.08.2024 |
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12:00 |
OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES |
16.08.2024 |
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17:10 |
Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields |
12.08.2024 |
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20:04 |
Ukraine Soybean Exports Forecast at Record in 2024/25 |
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19:48 |
Domestic Demand and Trade Restrictions Reduce India Grain Exports |
11.08.2024 |
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09:15 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
09.08.2024 |
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17:41 |
USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine |
07.08.2024 |
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08:19 |
Turkey’s Mandarin Production and Exports to Rebound |
26.07.2024 |
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09:28 |
Ongoing Economic Crisis in Argentina Impacts Dairy |
15.07.2024 |
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10:28 |
Decline of China Pork Imports Continues in 2024 |
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08:20 |
Lower Prices Propel Mexico 2023/24 Soybean Meal Imports |
13.07.2024 |
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10:15 |
China Imports of Major Feed Grains at Record for Oct-May period |
12.07.2024 |
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01:08 |
Climate risks projected to affect fish biomass around the world's ocean, FAO report says |
06.07.2024 |
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10:15 |
Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level |
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10:01 |
FAO Food Price Index stable in June |
03.07.2024 |
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12:31 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
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12:23 |
U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year |
01.07.2024 |
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08:58 |
World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million |
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08:39 |
World coffee production for 2024/25 is forecast to rebound 7.1 million bags |
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