IPOS: Sustainable Palm Oil Standard in India

IPOS: Sustainable Palm Oil Standard in India

InfoSAWIT, JAKARTA – The small awareness of sustainable palm oil both in stakeholders and consumers in India keeps happening because the two factors purely do trade only.

General Manager of Edible Oil Solidoridad, Suresh Motwani said, India plays important roles in palm oil trade in the globe because, India is the biggest importer and the second biggest consumers in the world. “India also consumes 13% of the total palm oil production in the world,” he said in a webinar that Council of Palm Oil Producing Countries conducted that InfoSAWIT joined in the midst of August 2021.

India is the third biggest vegetable oil consumer in the world. 68% of domestic palm oil consumption were from import, and 40% of palm oil is used to housing. 31% of palm oil is used to food, beverage, and namkeens materials and 13% is used to cosmetic and personal care industries. The rests are for sweeteners.

Suresh also mentioned, in global, palm oil plantations land use is smaller than other vegetable oil but the negative issues keep raising and corner palm oil, for instance, as the factor of deforestation, it is bad for health and urge to use palm oil free products.

He continued, to escalate the bigger awareness that sustainable palm oil is important for the consumers, it needs to intervene the government, including from producer countries as the keys to increase sustainable palm oil markets in India.

India is the first country that admits Indonesian Sustainable Palm Oil (ISPO) and Malaysian Sustainable Palm Oil (MSPO) and becomes the country that has its own certification scheme. Together with Solvent Extractor’s Association of India (SEA), India Palm Oil Sustainability Framework (IPOS) have made India able to fulfill sustainable palm oil standard globally. “As the biggest consumer, India should create its own standard of sustainability by taking ultimate inspiration from ISPO and MSPO to declare IPOS,” Suresh said. (T2)