ESG challenges in the palm oil industry

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The plantation sector still has to deal with heavy criticisms and misconceptions with regard to the ESG-related issues.

Yet it remains one of the most scrutinised industries as the plantation sector still has to deal with heavy criticisms and misconceptions with regard to the ESG-related issues.

This involves accelerating the development of biogas plants across its upstream operations to capture methane from palm oil mill effluent which is its largest source of emission, said SDP chief sustainability officer Rashyid Redza Anwarudin. > No palm oil labelling where laws are already in place on discriminatory labels against palm oil, but require serious implementation.Environmental and wildlife conservation projects are being carried out by the MPOC through partnership between the Malaysian Palm Oil Green Conservation Fund and the Sabah Forestry Department, Sabah Wildlife Department, Sarawak Forestry Corp as well as Department of Wildlife and National Parks Peninsula Malaysia.

When grown sustainably in line with RSPO principles and criteria, palm oil agriculture and the environment can co-exist while primary and secondary forests are protected and wildlife habitats are not harmed, said the RSPO secretariat. > Improving working conditions and labour standards in the industry.> Planting materials that are resilient to climate change.

“Decades-long stagnation in yields points to an urgent need to improve yield performance through utilisation of quality planting materials with best agronomic management,’’ added Ahmad Parveez.

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