New fund of palm derivatives users seeks to restore ecosystems and drive economic growth in Indonesia

A group of cosmetics, personal care, healthcare and oleochemicals companies working with Action for Sustainable Derivatives (ASD) will support the Inobu Mosaik Initiative, to build an enabling environment for sustainable palm oil production at scale while empowering local communities. Six members of ASD – Croda International, The Estée Lauder Companies through its Charitable Foundation, GSK Consumer Healthcare, Natura &Co, Seppic and Stéarinerie Dubois – announced the launch of the ASD Impact Fund last month. The Fund has officially begun supporting the Inobu-led Mosaik Initiative, which is focused on finding ways…

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