Tropical natural forests hold large stores of carbon and greenhouse gases (GHG) are released when these forests are cleared. Given the substantial and continuing contribution that deforestation in tropical regions makes to the build-up of GHGs in the atmosphere, there is an inarguable need to reduce, minimise and eventually eliminate such deforestation.


NO DEVELOPMENT ON HIGH CARBON STOCK (HCS) FORESTS


As part of our commitment to halt deforestation and retain carbon stores, we no longer develop HCS forests as defined by the HCS Approach Steering Group and continue to implement our broad-based land use planning procedure. All new development areas are required to undergo HCS assessments carried out by third-party HCS experts.


A total of 15 HCS assessments covering all 110,000 hectares of our development bank have been carried out since the introduction of our Policy on Sustainable Palm Oil in 2015. These assessments took more than two years to complete as extensive work was required for ground truthing, patch analysis and initial consultations with local communities. We have also conducted Rapid Biodiversity Analysis (RBA) for seven of the concessions where follow-up analyses were necessary. These analyses helped to fine-tune the contours of our HCS areas.


Approximately, 20,000 hectares, or about 20% of our existing development land bank are now identified as conservation areas. These are areas with potential HCS, HCV or peat content, and have therefore been carved out from the Group’s development plans, in accordance with our policy. 







 
Sustainability Policy

  

Certifications

  

Environmental Management
• High Carbon Stock
• High Conservation Value
• Peat, Soil and Water Mgmt
• Zero Burning Policy
• Greenhouse Gases
• Integrated Pest Mgmt
• Waste Mgmt

  

Community Engagement
• FPIC
• Smallholder Partnership
• Community Development

  

Supply Chain
• Traceability

  

Employee Relations
• Employment Practices
• Occupational Health & Safety

  

Sustainability Reports

  

Grievance Procedure
• Grievance List