Step by Step

To market: how does credit trading work?

The first step to credit trading

Once you have been setup on PalmTrace, you can place bids on a variety of credits that are clearly listed on the platform. These bids are placed anonymously; the producers will not know who has placed the bid and you do not know who produced the credits you are trying to buy. This ensures a level playing field for both buyers and sellers. Once a credit producer has accepted your offer on their credits, both parties will know who they have traded with. You will then also have all the information on the origin of your credits.

Buying on demand

RSPO credit trading offers you the opportunity to buy according to the current needs and wants of your company. There are various options available. You can choose to account for your total palm oil usage through buying credits, or account for only a part of it. Another option is to combine offsetting through credits with sourcing RSPO Segregated or Mass Balance certified palm (kernel) oil. You have to make sure the claims you make on products comply to the supply chain model(MB, SG or credits). For examples on how you can communicate your efforts through claims, please see the information on conversions, claims and fees.