Palm oil is a very efficient way of producing cooking oil and is thus in high demand around the world. One huge problem is that it is turning the incredibly diverse rain forests of southeast Asia into a region-wide monoculture. Deforestation for palm oil plantations is a major problem. Luckily, this has led to significant criticism of the food industry. So many of the big palm oil producers have recently signed agreements to limit or eliminate deforestation in the production of palm oil.
That’s great, I guess. Certainly it’s better than nothing. However, I want to stress that just like agreements to improve labor conditions in southeast Asian sweatshops, there is very little incentive for companies to actually follow through. There is no stick to go along with that carrot. Without a way to enforce that agreement, you are relying on corporate beneficence. From the corporation’s perspective, they are waiting for attention to be drawn to something else. Without a way for people to sue or prosecute the companies over violating these agreements, the long-term benefit may well be negligible.