# Voluntary standards and addressing deforestation risk - Centre for Responsible Business

> A Forest Stewardship Council official discusses how voluntary standards and certifications such as RSPO and FSC can help companies address deforestation risk in palm oil, tropical timber and similar commodities. The EU regulation has now taken effect, and multi-stakeholder groups are working on traceability obligations. Standards are described as tools for supply chain assessment.

- Date: 2023-07-11 · published 2023-07-11T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/35085-voluntary-standards-and-addressing-deforestation-risk-centre-for-responsible
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Certified supply can help exporters meet EU due diligence requirements and may command a premium over uncertified palm oil. This could shift which origins gain access to EU demand.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-09-21 | [The EU Due Diligence Regulation on Deforestation: What Role for Voluntary Sustainability Standards (VSS)? - UNFSS](https://feedsoft.ai/events/34130-the-eu-due-diligence-regulation-on-deforestation-what-role-for-voluntary.md) | -0.0% | -2.5% |
| PALMOIL | 2021-03-10 | [Certification schemes let forest destruction into EU market - Business and Human Rights Centre](https://feedsoft.ai/events/48154-certification-schemes-let-forest-destruction-into-eu-market-business-and-human.md) | +2.5% | -1.8% |
| PALMOIL | 2021-12-08 | [The European Commission’s new proposed deforestation regulation - what does it mean for indigenous peoples and forest communities? - Business and Human Rights Centre](https://feedsoft.ai/events/43614-the-european-commission-s-new-proposed-deforestation-regulation-what-does-it.md) | -3.7% | +3.9% |
| PALMOIL | 2023-09-01 | [EU's Deforestation Regulation poses risks for companies and investors \| IFR](https://feedsoft.ai/events/34124-eu-s-deforestation-regulation-poses-risks-for-companies-and-investors-ifr.md) | -4.5% | -7.0% |
| PALMOIL | 2025-05-22 | [EU brands just four countries as 'high risk' under deforestation law](https://feedsoft.ai/events/24691-eu-brands-just-four-countries-as-high-risk-under-deforestation-law.md) | -0.1% | +4.6% |

## Sources

- c4rb.org: https://c4rb.org/voluntary-standards-and-addressing-deforestation-risk/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.