Investing in palm oil companies poses ESG risks, but opportunities exist
From Morningstar: 2024-06-21 05:18:00
Investing in palm oil companies can be controversial due to environmental issues, but also offers opportunities. Palm oil is in 50% of supermarket products. Efficient production can be sustainable. Industry faces challenges like deforestation and poor labor conditions. Malaysia and Indonesia supply 85% of palm oil. Some companies show sustainable practices. Investors should assess ESG risks and engage with companies for transparency and sustainability.
Read more at Morningstar: Is Palm Oil Off Limits for ESG Investors?