Innovation you can build on™ Search our site About Us Products and Markets Investors Sustainability Innovation Careers News Contact Home Sustainability Material Areas Product Stewardship Palm Oil Palm Oil Background In this section Our Approach Carbon Verification Material Areas Environmental Impact Product Stewardship Palm Oil Palm Oil Statement Palm Oil Background Palm Oil Strategy Product Design Quality Assurance Process Safety Occupational Health and Safety Our People Knowledge Management Diversity and Inclusion Community Education and Involvement Targets Sustainability Reports GRI Report Information on Palm Oil What is The Roundtable on Sustainable Palm Oil (RSPO)? RSPO was formed in 2004 to work with the palm oil (PO) and palm kernel oil (PKO) industry to address concerns by ‘promoting the production and use of sustainable palm oil for People, Planet and Prosperity.’ The RSPO is a non-profit organisation comprising oil palm growers, palm oil processors and traders, consumer goods manufacturers, environmental NGOs, social NGOs, banks/investors and retailers. We are long standing member of RSPO. Our membership number is 2-0024-06-000-00. What are the different sustainable supply chain methods approved by the RSPO? There are four RSPO approved supply chain methods available for the trading of Certified Sustainable Palm Oil (CSPO): Book & Claim: allows CSPO millers and their supply base to issue certificates for each ton of oil they grow and process, which can then be purchased by the end user for the equivalent volume of oil that goes into their product. Mass Balance: allows CSPO and non-CSPO to be mixed through the supply chain, but administratively monitors the mass of CSPO produced and sold. Segregation: allows CSPO oils from different RSPO certified supply streams to be mixed, but requires they do not mix with uncertified streams. Identity preserved (IP): requires full separation and traceability of each batch of sustainable palm oil, from the grower to final sale to the consumer Why are we moving towards Mass Balance? The Book & Claim practice, due to the complexities of the derivatives supply chain, has been the only way of supporting Sustainable Palm derivatives until recently. However, Book & Claim is an administrative process without any sustainable palm oil physically entering the supply chain and the audit requirements for Book & Claim are minimal. By contrast, the Mass Balance process actively encourages support for growers to produce CSPO, because it requires a specific volume of sustainable PO/PKO entering the supply chain to be traced throughout the fully audited processing of the material at each manufacturing stage. We consider Mass Balance to be an important progressive step beyond the Book & Claim process, creating momentum towards Segregated material. Palm Oil Statement We are committed to using raw materials from sustainable sources, which includes palm oil (PO), palm kernel oil (PKO) and their derivatives. Read more Palm Oil Strategy We are committed to fully supporting sustainable palm oil and palm kernel oil and to working with the industry to secure a sustainable source of derivatives. Read more Sustainability New Global Distribution Hub Read more Innovation Croda Opens Texture and Sensory Labs in France and Singapore Read more Innovation Winner of the ICIS Surfactants Product Innovation Awards Read more Share Price 5212.02p +12.02p (delayed) at 13:40 (BST) 10 Jun 2019 More Information What We Do Adhesives Agrochemicals Automotive & Transport Buildings & Construction Beauty & Personal Care Dietary Supplements Electronics & Devices Energy, Resources & Renewables Food Ingredients Furniture & Wood Household, Industrial & Institutional Cleaning Lubricants Oleochemicals Packaging, Print & Paper Paints & Coatings Pharmaceuticals Phase Change Materials & Thermal Management Polymers & Additives Skin Health Textiles, Nonwovens & Tissues Water Treatment What makes Croda? Watch our video here OUR REPORTS Annual Report 2018 Download Sustainability Report Download Croda International Plc Cowick Hall Snaith Goole East Yorkshire DN14 9AA United Kingdom Tel: +44 (0) 1405 860551 Contact Us Worldwide Locations © 2019 Croda International Plc | Terms and Conditions | Privacy and cookies | Accessibility statement About cookies on this site By continuing to use this website, you agree to the use of cookies. You can find out more details in our Privacy policy.