# Consumers are still unable to trust sustainable palm oil watchdog’s seal of approval - EIA

> EIA and Grassroots published a report saying consumers still cannot trust the RSPO sustainable palm oil seal, citing alleged 2020 human rights violations by members. The report says the RSPO's assurance body has not completed major tasks to address long-standing concerns.

- Date: 2021-02-18 · published 2021-02-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/48672-consumers-are-still-unable-to-trust-sustainable-palm-oil-watchdog-s-seal-of
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weak trust in RSPO certification could reduce the premium for certified palm oil and increase pressure on buyers to source verifiably deforestation-free supply. The effect on feed prices is limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-12-14 | [Sustainable palm oil use in Europe](https://feedsoft.ai/events/73492-sustainable-palm-oil-use-in-europe.md) | -0.4% | -0.5% |
| PALMOIL | 2017-12-01 | [European palm oil import almost 69% sustainable](https://feedsoft.ai/events/67486-european-palm-oil-import-almost-69-sustainable.md) | -5.1% | -5.4% |
| PALMOIL | 2018-09-25 | [Deforestation-linked palm oil still finding its way into top consumer brands: report](https://feedsoft.ai/events/62903-deforestation-linked-palm-oil-still-finding-its-way-into-top-consumer-brands.md) | -2.4% | -0.0% |
| PALMOIL | 2024-06-01 | [Palm Oil Production, Exports and Consumption Up](https://feedsoft.ai/events/30355-palm-oil-production-exports-and-consumption-up.md) | +2.4% | +2.1% |
| PALMOIL | 2017-11-23 | [Europe on track to achieving 100% sustainable palm oil in food, feed and oleochemicals \| Bioenergy International](https://feedsoft.ai/events/67999-europe-on-track-to-achieving-100-sustainable-palm-oil-in-food-feed-and.md) | -0.4% | -6.3% |

## Sources

- eia-international.org: https://eia-international.org/news/consumers-are-still-unable-to-trust-sustainable-palm-oil-watchdogs-seal-of-approval/

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