WWF contacted 47 local companies across Malaysia and Singapore and asked them to disclose their palm oil usage.
Majority of brands in Malaysia and Singapore did not disclose their palm oil sourcing practices.
Only 16 companies responded.
The remaining 66% - 17 from Singapore and 14 from Malaysia - declined or ignored our request for information.
These non-respondents are not known to have any public sustainability policies related to palm oil.
Palm Oil Scorecard Summary of Singapoure
- NON RESPONDENT: Not transparent about its use of palm oil
- NO PROGRESS YET BUT TRANSPARENT: Journey to sustainable palm oil yet to start but transparent
- STARTED THE JOURNEY: Some consideration of sustainable palm oil procurement but limited commitment/action
- WELL ON THE PATH: May have taken actions for CSPO but may have no public communications
- LEADING THE WAY: Tangible commitments and action towards CSPO
Companies say you don’t care about sustainable palm oil
50% of the brands cited a lack of consumer awareness and demand for CSPO as a reason for their inaction. Yet, research has shown that consumers are willing to pay up to 10% more for sustainable products, especially products that do not contribute to deforestation and haze.
Companies think sustainable palm oil is expensive
There is a perception among companies in Malaysia and Singapore that sustainable sourcing comes at a considerably higher cost. Yet, certified sustainable palm oil options start at just US$3.45 per tonne through RSPO Book & Claim model – this means that sustainable palm oil starts at less than 1 cent more per litre!
DOES YOUR FAVOURITE BRAND CARE ABOUT FORESTS AND WILDLIFE?
* Signed the Sustainable Palm Oil Pledge
Two brands emerge as regional leaders
The two brands that have emerged as local leaders provide a clear indication that sourcing sustainable palm oil is possible. They are paving the way for others in Malaysia and Singapore to follow suit.
Denis Asia Pacific, which manufactures Ayam Brand products, has been transparent and committed to purchasing 100% certified sustainable palm oil. It is also an active member in RSPO, a founding member of SASPO and publicly discloses the total volume of palm oil volumes used for their brands.
Wildlife Reserves Singapore is a founding member of SASPO and has made public commitments and steps to procure 100% CSPO by 2022. It has started by sourcing sustainable palm oil for all its cooking oil usage and is on its way to progressively source 100% certified sustainable palm oil.