Climate Change Data

Okomu Oil Palm Company PLC

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Water Consumption:390,162 m3/year

ESG Focus Areas

  • Environmental Sustainability
  • Employees and Communities
  • Local and Rural Development

Environmental Achievements

  • Successful renewal of RSPO, ISO 9001, ISO 14001, and ISO 45001 certifications on the main estate; Extension 2 estate received RSPO certification for the first time.
  • Halal certification of oil products.
  • Implementation of High Carbon Stock (HCS) approach for new developments.
  • Identification and protection of High Conservation Value (HCV) areas.

Social Achievements

  • Execution of over 160 CSR structures in 29 neighboring communities over the past 10 years.
  • Provision of technical assistance and training to 560 smallholder farmers.
  • 1476 students completed a 21-day training program in the rubber tapping school.
  • Construction of new housing units for employees.
  • Development of leisure infrastructures in employee villages.
  • 42,129 free health consultations at company medical facilities.

Governance Achievements

  • Compliance with all international and national policies, laws, and regulations related to environmental and social management.
  • Adherence to all applicable labor laws and regulations.
  • Zero non-conformities in child labor and forced labor audits.
  • Amicable resolution of grievances from Gbelebu community.
  • Receipt of the 2022 Philanthropic Awards on Social Impact and Sustainability Practices by CSR Reporters.

Climate Goals & Targets

Medium-term Goals:
  • Start a sustainable rubber certification program.
Short-term Goals:
  • Obtain RSPO certification on Extension 1 estate and all ISO certifications on Extension 2.

Environmental Challenges

  • Financial and insecurity headwinds in Nigeria.
  • Impending general election in February 2023.
  • Fires started by local residents during the dry season impacting air quality.
Mitigation Strategies
  • Regular fire prevention and fire-fighting activities.
  • Dust suppression around earth roads during the dry season.
  • Preventive maintenance of equipment to minimize energy consumption.
  • Use of solar panels and turbine to reduce dependence on fossil fuels.

Supply Chain Management

Responsible Procurement
  • Working with local contractors for specialized expertise.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: RSPO, ISO 9001, ISO 14001, ISO 45001, Halal

Awards & Recognition

  • 2022 Philanthropic Awards on Social Impact and Sustainability Practices by CSR Reporters