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eTrace and GreenPalm provide reliable and effective platforms for the tracking of certified physical palm oil and the trading of certificates respectively. To ensure that certified palm oil is traded with a sustainability claim only once (either as physical or as certificates) a manual reconciliation is done. As of January 2015, the two systems will be connected to make this process more efficient and to ensure the volumes of certified oil are tracked real time – whether traded physically or as certificates.
RSPO’s two online systems, eTrace and GreenPalm, are connecting. from RSPO Secretariat on Vimeo.
As of 1 January 2017, the RSPO no longer endorses GreenPalm as the service provider for the trade in Book and Claim certificates. From this date, RSPO-certified volumes can be sold via Credits on the RSPO PalmTrace platform.