Palm oil protest urges boycott at London Stock Exchange

Business Times | 4 May 2016

[LONDON] Indigenous and civil society leaders from Indonesia, Peru, Colombia and Liberia gathered in London Wednesday to urge a boycott of firms that commit human rights violations and land seizures to cultivate palm oil.
The delegates presented a petition to the London Stock Exchange calling on investors, consumers and governments to ensure palm oil used in the European Union is from sustainable sources.  The EU is the third largest importer of palm oil, a key ingredient in many everyday goods, from biscuits to make-up.  Demand for the oil has rocketed in recent years but the expansion of the industry has been blamed for the destruction of tropical forests and polluting forest fires.

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