Malaysian palm oil giant IOI drops lawsuit against green group
by Karl Mathiesen from on (#1GDR1)
Former Unilever and Nestli(C) supplier says it now aims to comply with the RSPO's highest level of accreditation by the end of the year
One of the world's largest producers of palm oil has dropped a lawsuit against the sustainability body that revoked its accreditation.
IOI Group was suspended from the Roundtable on Sustainable Palm Oil (RSPO) scheme in April in the face of allegations it was not doing enough to prevent deforestation in Indonesia.
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