Sustainable Palm Oil Manifesto
The Sustainable Palm Oil Manifesto is a commitment IOI Corporation Berhad has made in collaboration with several other stakeholders in the palm oil industry to ensure sustainability in its chain of operations, from cultivation right up to consumption. A key component in the Manifesto is a study jointly spearheaded by the signatories, which defines what constitutes High Carbon Stock (HCS) forests, and to establish HCS thresholds that take into account environmental, socio-economic and political factors, as well as other practical considerations in developing and emerging economies where oil palm is cultivated.
The Manifesto aims to build upon the signatories’ existing sustainability commitments to the Roundtable on Sustainable Palm Oil (RSPO)’s principles and criteria with three specific objectives:
- Build traceable and transparent supply chains;
- Accelerate the journey to no deforestation through the conservation of high carbon stock (HCS) forests and the protection of peat areas regardless of depth; and
- Increase the focus on driving beneficial economic change and to ensure a positive social impact on people and communities.
Click here to download the Sustainable Palm Oil Manifesto.