`Greenpeace slammed Indonesia's palm oil industry Monday for failing to live up to a pledge to halt deforestation, as the lucrative sector faces possible restrictions in Europe over environmental concerns.

Palm oil is used in everything from soap to frozen pizza, but a consumer backlash has forced dozens of the world’s largest food and drink manufacturers to address its ecological impact.

Vast swathes of rainforest are destroyed to make way for palm oil plantations, threatening endangered species and pushing indigenous people off their lands.

International corporations, including Unilever, Kellogg and Mondelez, have pledged to adopt environmentally friendly supply chains by 2020.