Iceland turns away from palm oil
In a bid to arrest further damage to Southeast Asia’s tropical rainforest, Iceland will strip palm oil from the ingredient mix of all its own-brand food products.
A first for a major supermarket in the UK, the move was successfully applied in already half of the frozen food specialist’s own labels. This puts the firm on track of its target to eradicate palm oil across all its products by the end of the year.
Instead, Iceland will be using rapeseed and vegetable oils as substitutes.
The supermarket uses about 500 tons of palm oil every year. This volume is mixed in 130 or 10% of Iceland’s total food products under its brand.
Because palm oil is cheap, it is always used in the manufacturing of food, cosmetics, biodiesel, among other products.
Demand for the commodity is expected to double by 2050, raising threats of more tree-cutting activities in the future.