FairPrice is the first supermarket retailer in Southeast Asia to attain RSPO membership
All 20 FairPrice housebrand paper products are also FSC certified.
In 2017, The FairPrice Green Rewards Scheme saved close to 11.5 million plastic bags.
SINGAPORE, 20 April 2018 – NTUC FairPrice (FairPrice) today announced that it has been officially accepted as a member of Roundtable on Sustainable Palm Oil (RSPO) – a global multi-stakeholder initiative that aims to promote the production and use of sustainable palm oil. FairPrice is the first locally owned supermarket retailer in Southeast Asia to attain RSPO membership.
Mr Seah Kian Peng, CEO of NTUC FairPrice, said: “Earth Day is a reminder of the role we can all play in caring for the environment and FairPrice remains committed to championing our various ongoing sustainability efforts. On this occasion, we take our commitment one step further by being a RSPO member to provide further assurance to our customers, while at the same time rallying the community and industry to take affirmative steps to protect our environment for our future generation.”
As an RSPO member, FairPrice is committed to sourcing from sustainable palm oil sources for its range of housebrand products that contain palm oil. To date, FairPrice housebrand cooking oil that contains palm oil are sourced from RSPO Certified sources.
Darrel Webber, CEO of RSPO, commended the NTUC FairPrice initiative on becoming a member of RSPO. “I am really encouraged by NTUC FairPrice who is leading by example and embracing international standards in the production of sustainable palm oil. Only with commitments from retailers and brands to move towards 100% Certified Sustainable Palm Oil use we can make RSPO’s vision of making sustainable palm oil the norm possible.
“This initiative confirms the fact that it is indeed possible for retailers like NTUC FairPrice to become RSPO members and move towards being RSPO certified. RSPO looks forward to NTUC FairPrice achieving its goal of using 100% certified sustainable palm oil in all their housebrand products. Singapore is demonstrating the right direction, and having more companies, including NTUC FairPrice joining the dialogue, certainly helps raise the bar for other brands. This positions Singapore ahead of the region when it comes to promoting sustainable palm oil”, Mr Webber added.
Sustainable paper products
Beyond sourcing from sustainable palm oil sources, all 20 housebrand paper products – including toilet rolls, kitchen towels and facial tissues – have attained certification from the Forest Stewardship Council (FSC) since 2017. FSC promotes environmentally appropriate, socially beneficial and economically viable management of the world’s forests.
Reducing Plastic Bag Use
As part of its sustainability efforts, the FairPrice Green Rewards Scheme saved close to 11.5 million plastic bags in 2017, an increase from 10.9 million plastic bags saved in 2016.
This scheme, also known as the bring-your-own-bag (BYOB) initiative, encourages shoppers to bring their own bags when they shop and receive a token 10-cent rebate with a minimum spend of S$10.
More details on the FairPrice Green Rewards scheme and various green initiatives can be found at www.csr.fairprice.com.sg.