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  • The Malaysian Budget 2012

    The RM230.833 billion Federal Government Budget 2012 proposals, unveiled on Friday, Oct 7, will focus on seven core areas including reducing the impact of inflation…

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Ethical Plantation Investments


How to find the best investment in uncertain times?Malaysian Palm Oil Producers Lead World in Adopting Strictest Sustainability Standards

ALL our Palm Oil investments comply with the following guidlines.

Sustainable Palm Oil should be sourced from plantations that:

    * Use already-degraded land for palm oil production
    * Ensure that no high conservation value forests are cleared for oil-palm cultivation
    * Respect the traditional land rights of local communities
    * Do not use fire to clear growing areas
    * Ensure that corridors allow free movement of populations of animal species.
    * Do not harm or kill orangutans

The American Palm Oil Council (APOC) has announced that the first Malaysian palm oil plantation has been certified by the world’s only international association formed to codify sustainable industry practices as the first plantation to adopt the strictest standards of sustainability in its production of palm oil.

“Palm oil producers in Malaysia - along with the Malaysian government - are committed to preserving the country’s natural resources and biodiversity,” said Mohd Salleh Kassim, APOC’s executive director. “We want our consumers here in the U.S. to know that palm oil purchased in Malaysia is produced in a responsible, environmentally-friendly manner. Today’s announcement is a great step forward in providing our international consumers with the documentation to back-up our commitment to sustainable practices.”

The Malaysia-based United Plantations Bhd has received the Roundtable on Sustainable Palm Oil’s (RSPO) Certificate of Conformance to RSPO Principles and Criteria.

Dedicated to promoting the growth and use of sustainable palm oil, the RSPO defines sustainable palm oil as production as “comprised of legal, economically viable, environmentally appropriate and socially beneficial management and operations.” In order to obtain the RSPO certification, United Plantations Bhd participated in thorough investigations of its nine estates, six mills and conservation areas; interviews with management, staff and workers regarding management systems and social amenities; and a meeting with 150 of the company’s stakeholders to ensure that the plantation fulfills each of the RSPO criteria.

“Much emphasis has been given to developing their commitment to sustainable palm oil,” stated lead assessor David Ogg in the RSPO Assessment Report for United Plantations Bhd. “There is a clear commitment to RSPO by top management and by the staff and workers in the field.”

The assessment team also highlighted United Plantations’ biodiversity and environmental conservation efforts in their report. The report applauds the establishment of the United Plantations “Lagoon Nature Reserve,” a planting project of rare and endangered Malaysian species. The lagoon contains 18 tree families, 50 species and more than 2,000 trees, which will create a natural forest system and provide a seed bank for future prorogation. The report also notes the plantation’s enforcement of zero burn policies — which means that land can not be burned for the cultivation of palm oil — and its research to improve palm oil seeds so that they maximize the yield thereby minimizing the land and plants needed.

The RSPO certification of United Plantations is a clear statement that Malaysia is serious about sustainability. Several other Malaysian palm oil plantation companies are expected to be certified in the near future.

 
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