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News Admin
 
Date
 30/01/2020
News Provider
 Norsaidatul Najwa Mohd Shaharmi
News Source
 Cosmestics Business
Headline
 Inolex exceeds industry standard with Balance and Act Sustainable Palm Program

Cosmetics Business (29/01/2020) Inolex has exceeded industry standard by fully transitioning all palm-derived products within its portfolio exclusively to Roundtable on Sustainable Palm Oil (RSPO) Mass Balance certified material.

The Balance & Act Program is part of Inolex’s broader sustainability platform, which maintains the company’s commitment to help transform the palm oil industry and promote sustainable palm production and trade through the sourcing of certified, traceable raw materials.


In January 2018, Inolex went beyond industry expectations by offering customers the option of RSPO Mass Balance certified material for all palm-derived ingredients in its portfolio.


Taking the next step in its leadership, Inolex announced earlier this month that it has moved to 100% RSPO Mass Balance certified palm feedstocks and will manufacture exclusively RSPO Mass Balance certified materials for all of its palm-derived products.


All palm-derived Inolex products manufactured after January 1, 2020 are RSPO Mass Balance certified as designated by the Mass Balance acronym MB at the end of the product name.


“As an independent ingredient manufacturer, we are going above and beyond what our partners and customers expect,” said Lisa Gandolfi, PhD, Director of Marketing.


“We knew it was time to take the lead with this important step to help shift the industry standard towards more sustainable palm sourcing and trade.”


The Roundtable on Sustainable Palm Oil (RSPO) is a global, multi-stakeholder initiative on sustainable palm oil formed in 2004 to develop and implement global standards for sustainable palm oil.


The RSPO vision and mission is to transform markets to make sustainable palm oil the norm. Mass Balance (MB) is one of three supply chain models in the RSPO Supply Chain Certification scheme.


To sell MB products, a site must comply with the RSPO standard and maintain their certification. The site undergoes an audit annually to maintain the certification. The MB versions of products are chemically equivalent to the original product.


Read more at https://www.cosmeticsbusiness.com/news/article_page/Inolex_exceeds_industry_standard_with_Balance_and_Act_Sustainable_Palm_Program/161838



ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
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