Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Duncan Jefferies

A blockchain tool that helps track sustainability, from palm oil to plastics

Aerial view of road in center of palm tree plantation
Supply chain transparency for raw materials, such as palm oil, can be difficult to attain. Photograph: structuresxx/Getty Images/iStockphoto

Palm oil is a key ingredient in everything from soaps and shampoos to ice-cream and margarine. Farmers today produce more than 73m tonnes of it each year – more than double the amount of 20 years ago. But the rapid growth of palm fruit plantations in Indonesia and Malaysia has caused major deforestation and human rights issues.

An industry-wide shift to sustainable palm oil is therefore urgently needed. Palm oil supply chains are long and complex, however, spanning multiple traders, storage tanks, pipelines and oil tankers. It’s difficult and expensive for companies to establish fully segregated supply chains for sustainable palm oil, so batches that have been produced sustainably are often shipped in bulk and commingled with conventional palm oil.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.