Palm oil is a type of vegetable oil used for cooking, machine lubrication, and bio-diesel. With a recent push in bio-fuels worldwide Roundtable for sustainable palm oil was organized. The vision, mission, and aspiration of this roundtable is to increase worldwide production and use of palm oil. The roundtable is working to get committed stakeholders to produce and buy palm oil for bio-fuel use.
Certified sustainable palm oil is produced by palm oil plantations that comply with agreed environmental standards set forth by the Roundtable on Sustainable Palm Oil (RSPO); the criteria to be considered sustainabie relate to social, environmental, and economic good practice. Palm oil is used in a variety of industries, as cox01 mentioned.
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