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As an independent smallholder, trading in RSPO credits provides you direct access to the sustainable palm oil market. You are able to sell credits that account for the palm (kernel) oil that could be extracted from your certified Fresh Fruit Bunches (FFB) without needing to sell these Bunches to a certified mill. If you do sell your bunches to a certified mill, these can no longer be traded as credits. In other words, you can make a choice on whether to sell your bunches via credits or to a mill. Credit trading allows for direct and on-demand trading, easily done from your online PalmTrace account. Your offered credits can be distinguished from other credits by the prefix -IS, so buyers know they are buying from an independent smallholder. You have the choice of selling IS – CSPO credits, IS – CSKPKO credits and IS – CSPKE credits, plus RSPO NEXT credits if you have earned RSPO NEXT certification. The volume that could be extracted from your FFB volume is converted into these different credit types based on standard conversion ratios. Revenue earned from credit trading can be invested in your sustainable palm oil production and the future of your group.
To trade in RSPO credits, you need to be an RSPO member first. More information on how to become a member can be found here. Once you are a member and have RSPO certified volume in stock, you can start your credit trading. The process to set up credit trading is explained below. For the specific steps you need to take to start your credit trading, illustrated with explanatory screenshots, please see this document.
Make sure you produce certified Fresh Fruit Bunches that can be sold as credits
1. Create an RSPO PalmTrace account here
2. Set your company up for credit trading by filling in the form at (link). Send the form to firstname.lastname@example.org
3. You will recieve an e-mail when your setup is complete
Your certification body requests a license for you in RSPO PalmTrace. This is based on your RSPO certification / surveillance audit. In this license, the auditor specifies the volume of IS-CSPO, IS-CSPKO and IS-CSPKE you have available to sell as RSPO Credits. The RSPO Secretariat approves the license request from your certification body
Log in to PalmTrace and allocate (part of) your certified volume to tradeable credits
You are now able to offer RSPO credts online and to make off-market deals. Please report off-market deals at all times.
A step-by-step guide for selling credits.
Learn how to trade one-on-one with customers.
What to expect when selling RSPO credits.