Slave chocolate and sustainable palm oil in the news (Sept 2011)
Updates and Sector News
By Ekobai Contributor
The appearance of stories about how sustainability standards impact markets in the major business news media is always interesting to ekobai.com and our readers whose markets are impacted. We highlight two such reportings, in the Financial Times and in CNN.
- In the piece entitled The Dark Side of Chocolate, CNN’s Freedom Project “Ending Modern Day Slavery” advises consumers to purchase Fairtrade or other reliably certified products if they want to be sure the chocolate they are consuming does not have child and slave labour in its history.
- Meanwhile, the Financial Times reports on a palm oil producer once black listed but now back on track partially with the aid of certification from the Roundtable on Sustainable Palm Oil. The FT story notes that pressure from environmentalists, while not hurting Golden Agri, Indonesia’s largest palm producer, financially, it did prompt it to seek the standard.
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