Signing of Indonesia Palm Oil Pledge
At the 2014 United Nations Climate Summit, the United States applauded the announcement of the landmark Indonesia Palm Oil Pledge. The Pledge is an agreement among leading palm oil producers that commits them to industry-leading sustainability practices. These include proactive government engagement on policy reform and a principle of no planting on high carbon stock or peat lands.
The Pledge was signed September 24 by the CEOs of Asian Agri, Cargill, Golden Agri-Resources, Wilmar, and the Indonesian Chamber of Commerce and Industry. The Pledge extends beyond these companies’ existing sustainability commitments. By applying these principles to third-party suppliers and covering the signatories’ operations worldwide, these companies are working to make palm oil supply chains more sustainable and are promoting industry best practices.
The United States looks forward to working with the signatories, civil society, and the Indonesian government to promote implementation of the Pledge.