Sustainable Soy
Policy Position
- The UK is a small player in the complex global market for soy, importing only
0.5%[1] of the world’s annual crop.
- Some UK imports are used by FDF members and we support the need for those
imports to be from more sustainable sources.
- To tackle this, we support the aims and the multistakeholder approach of the
Roundtable on Responsible Soy (RTRS) to bring certified sustainable soy to the
market, which is similar to the approach successfully adopted for the
Roundtable
on
Sustainable Palm Oil (RSPO).
- FDF encourages the active participation from its members in this global
initiative and looks forward to it delivering against its aims.
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1. HMRC and USDA 2008 figures
Background
In total, over 132.3 million tonnes of vegetable oil are produced worldwide
every year, of which 27% is soy oil, the world’s second largest oil crop. USA
(24%),
China (20%), Argentina (17%) and Brazil (17%) are the biggest producers of soy
beans, contributing 79% of the world’s total production.
As part of a global strategy on sustainable sourcing of commodities, the RTRS
was formally established in May 2006. The RTRS is
a
multi-stakeholder process
which is intended to build up a global and
participatory process that promotes
economically viable, socially equitable and
environmentally sustainable soy
production through principles and criteria (P&C).
Following 18 months of development by RTRS and industry experts, in May 2009 the
RTRS published its Principles and Criteria document and began a year of field
trials to develop each national application. In 2010 it will review impacts and
revise the agreement as necessary to increase effectiveness.
In addition to the RTRS process, the soybean crushing industry in Brazil agreed
in July 2006 to a two-year moratorium on the procurement of soy crops from
newly
deforested land in the Amazon biome; the forested area of the Amazon region in
Brazil. The moratorium has subsequently twice been extended, most recently for
a
further year until July 2010. This initiative is seen as a complement to the
RTRS process.
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Last reviewed: 06 Apr 2010