Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved 100% segregated RSPO certified palm oil products
• 99% of palm products sold in certified traceable physical supply chains
• Achieved Rainforest Alliance certification for tea gardens and banana operations
• Commissioned advanced composting plant
• First delivery of power to public grid from biogas facility
• Rainforest Alliance certification for rubber operation
• Phased out paraquat

Social Achievements

• Supported smallholders in achieving RSPO certification
• Opened Pata Painave Primary School in Papua New Guinea
• Continued ecosystem restoration project in Bengkulu, Sumatra
• No work-related fatalities in 2016 and 2017

Governance Achievements

• Adopted Group Ethics policy with zero tolerance for bribery and corruption
• Implemented Group Policy on Grievances

Climate Goals & Targets

Environmental Challenges

• Lower selling prices for tropical agriculture
• Unpredictable weather patterns
• Changing perception towards large-scale farming
• Government changes impacting operations
• Disappointing downstream use of traceable, certified, and segregated palm products

Mitigation Strategies

• Steady, long-term commitments to sustainability
• Full RSPO certification for all mills and palm oil/kernel oil production in Indonesia and Papua New Guinea
• Implementation of advanced composting system
• Methane capture installations in five of nine mills
• Biogas power generation and delivery to public grid
• Support for smallholders to achieve certification
• Ecosystem restoration project
• Active involvement in organizations to enhance sustainable palm oil visibility

Supply Chain Management

Responsible Procurement

• Local supplier engagement
• Training for procurement and licensing departments on anti-corruption policy

Climate-Related Risks & Opportunities

Physical Risks

• Unpredictable weather patterns

Transition Risks

• Regulatory changes

Opportunities

• Methane capture and biogas power generation

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, RSPO, ISCC, ISPO, GlobalG.A.P., Rainforest Alliance

Environmental Metrics

ESG Focus Areas

• Sustainable production of tropical agricultural commodities
• Environmental management
• Social and staff matters
• Respect for human rights
• Fight against fraud and corruption

Environmental Achievements

• Five of nine palm oil mills equipped with methane capture systems
• Composting system in Bukit Maradja processing 100% of empty fruit bunches and wastewater into organic fertilizer
• Reduced diesel consumption in Indonesia by more than 1,300,000 liters compared with 2014

Social Achievements

• Employs over 21,619 employees
• Works closely with smallholders
• Investments in infrastructure, housing, and facilities in remote areas
• Employee cooperatives set up successful mini-markets on most plantations in Indonesia
• Two-year training program for talented fresh graduates

Governance Achievements

• Adoption of a Corporate Governance Charter in line with the Belgian Corporate Governance Code
• Implementation of a Group ethics policy with zero-tolerance for bribery and corruption
• Annual external EMS surveillance audit with no non-conformances

Climate Goals & Targets

Environmental Challenges

• Low palm oil prices
• Excessive rainfall in Sumatra
• Leaf mould in rubber plantations
• Unfavorable weather in tea plantations
• Quality problems with export bananas
• Oversupply of natural rubber
• Increasing wages in Indonesia
• Limited availability of land for expansion
• Concerns in Europe about sustainability and increased RSPO restrictions

Mitigation Strategies

• Efficient cost control
• Expansion of planted hectares
• Replanting programs
• Focus on improving returns and lowering costs
• Investments in methane capture systems
• Composting system for waste recycling
• Improved harvesting criteria
• RSPO and other certifications
• Active involvement in organizations promoting sustainable palm oil
• Responsible Plantations Policy
• Community engagement
• Financial literacy training for smallholders

Supply Chain Management

Responsible Procurement

• RSPO and ISCC certified supply chains

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters (earthquakes, landslides, mudflows, tsunamis, tornados)
• Insect plagues
• Plant and tree diseases
• Adverse weather (floods, droughts, severe storms)

Transition Risks

• Concerns in Europe about sustainability and increased RSPO restrictions

Opportunities

• Development of high-yield palm oil varieties

Reporting Standards

Frameworks Used: GRI, RSPO

Certifications: RSPO, ISCC, ISPO, GLOBALG.A.P., Rainforest Alliance, ISO 9001, ISO 14001

Sustainable Products & Innovation

• RSPO and ISCC certified palm oil

Awards & Recognition

• Family Business Award of Excellence® 2018

Environmental Metrics

ESG Focus Areas

• Climate Change
• Community Rights and Development
• Health and Safety
• Human Rights and Labour Standards
• Supply Chain Management
• Sustainable Land Use and Conservation
• Operational Efficiency
• Productivity and Quality
• Anti-Bribery and Anti-Corruption
• Corporate Governance
• R&D and Innovation
• Sustainability Standards and Certification
• Food Safety

Environmental Achievements

• Achieved a 10% reduction in net GHG emissions intensity (Scope 1 and 2) relative to its 2021 baseline.
• 100% RSPO compliant palm oil production.
• Completed an integrated High Conservation Value and High Carbon Stock Approach (HCV-HCSA) assessment in Papua New Guinea.
• Indonesian Ministry of Environment and Forestry (KLHK) approved the SIPEF Biodiversity Indonesia (SBI) 10-year management plan.
• Achieved Rainforest Alliance and GLOBALG.A.P. certifications for new banana plantation sites.
• Maintained Fairtrade certification for all Fairtrade certified sites.

Social Achievements

• Increased banana production by 27% due to expansion in Côte d’Ivoire.
• Achieved RSPO certification for nearly 3,000 hectares (100%) of smallholder area at PT Dendymarker Indah Lestari (DIL).
• Implemented various initiatives to improve employee wages and benefits in Côte d’Ivoire and Indonesia.
• Established Gender Committees across operating units to address gender-related issues.
• Conducted 14 Social Impact Assessments (SIAs) in Indonesia and one comprehensive SIA in Papua New Guinea.

Governance Achievements

• Strengthened sustainable and scientific management with the appointment of Giulia Stellari to the board.
• Developed a comprehensive succession plan for the managing director.
• Improved sustainability reporting and performance, reflected in an 88.9% rating from the Sustainability Policy Transparency Toolkit (SPOTT).

Climate Goals & Targets

Environmental Challenges

• Palm oil production impacted by El Niño weather phenomenon.
• Activities in Papua New Guinea disrupted by volcanic eruption.
• Challenges in achieving Living Wage benchmarks.
• Concerns over contaminants in palm oil (chloride, MOSH/MOAH, GE).
• Land conflicts and community grievances.

Mitigation Strategies

• Implementing various initiatives to enhance production efficiency and boost yields.
• Undertaking rehabilitation efforts in Papua New Guinea following the volcanic eruption.
• Investing in research and development (R&D) to improve crop varieties and resilience.
• Installing CPO washing plant to reduce chloride levels.
• Transitioning to food-grade lubricants in palm oil mills.
• Establishing effective grievance mechanisms to address land conflicts and community concerns.

Supply Chain Management

Responsible Procurement

• Responsible Purchasing Policy (RPuP); supporting smallholders in achieving RSPO certification; providing training and resources.

Climate-Related Risks & Opportunities

Physical Risks

• Volcanic eruptions
• Earthquakes
• Tsunamis
• Flooding
• Landslides
• Wildfires
• Pest and disease outbreaks

Transition Risks

• Increased RSPO restrictions; stricter EU regulations; changing consumer preferences.

Opportunities

• Development of energy-efficient products; methane capture; renewable energy sources.

Reporting Standards

Frameworks Used: GRI

Certifications: RSPO, ISPO, ISCC, Rainforest Alliance, Fairtrade, GLOBALG.A.P., ISO 14001, ISO 9001

Third-party Assurance: Externally verified carbon footprint (ISO 14064)

Sustainable Products & Innovation

• High-yielding F1 hybrid palm varieties; low-contaminant palm oil.

Awards & Recognition

• Women in Leadership Award for West New Britain (Tracey Masing)