Institutional investors managing trillions of dollars, along with some of the world’s largest consumer goods companies, have called on the Roundtable on Sustainable Palm Oil to quickly plug loopholes in its palm oil certification standards. Institutional investors which manage almost US$5 trillion in assets have called on the Roundtable on Sustainable Palm Oil (RSPO) to close the gaps in its certification standards, and to do so quickly. In an open letter addressed to RSPO Secretary General Darrel Webber on June 1, investors and 16 other consumer goods giants such as Procter and Gamble (P&G) and Starbucks called on RSPO to ensure that by 2016, its principles and criteria (P&C) certification were changed to include measures to protect forests.

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