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Federated Hermes

2023 Top 500 ranking: 33

Why cheap palm oil is a price the planet can’t pay

Why cheap palm oil is a price the planet can’t pay

Demand for palm oil continues to rise due to its cheapness and versatility, while growers benefit from high yields. But this insatiable demand exacts a steep environmental toll, as the clearance of tropical rainforests for palm oil plantations contributes to climate change and biodiversity loss.

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