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Oil Handbook

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The Palm Oil Financing Handbook
Practical guidance on responsible financing and investing in the palm oil sector

© 2008 WWF International. All rights reserved. Any representation in full or in part of this publication must mention the title and credit the above-mentioned publisher as the copyright owner. The authors gratefully acknowledge the assistance of colleagues within WWF and other organizations in the preparation of this document. We would also like to thank Aswin Riva and Kisho Kumar for their technical advice, as well as Joel Posters (ABN Amro), Samantha Lacey (CIS), Maria Anne Van Dijk (Fortis), Simon Harris and Amol Titus (HSBC), Catherine Cassagne (IFC), Leonie Schreve (ING), Aninditta Savitry (Rabobank), Standard Chartered and Teoh Cheng Hai for their invaluable peer review comments on an earlier draft of this document. Design by Nina Narvsten (www.amazingearth.info).

Production of this handbook has benefited from technical support by Profundo (profundo@profundo.nl). Profundo is an economic research consultancy specialized in the analysis of financiers, suppliers and clients of companies and policy options to stimulate them to operate in a socially responsible way.

This publication also benefits from funding support to Profundo from Doen Foundation ( The Netherlands)

This publication is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The contents are the responsibility of WWF and do not necessary reflect the views of USAID or the United States government.

5

PART I: INTRODUCTION
5 7 8 10 12 What’s this handbook about? How to use the handbook The palm oil production chain Sustainability in the palm oil sector Financial institutions and palm oil

CONTENTS

Who’s doing what? Reducing risks in palm oil investments and investing

13

Sustainable banking and investing – a

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