Wilmar to require suppliers to implement ‘no-burn’ policy [News]
By Neo Chai Chin, TODAY, 7 Dec 2013
In a new policy that observers say could transform agricultural production, Wilmar International — the world’s biggest palm oil trader — will require its suppliers to stop deforestation and development on peatland, and implement a “no-burn” policy on all their plantations.
It has also pledged to ensure both its own plantations and companies from which it sources will “provide only products that are free from links to deforestation or abuse of human rights and local communities”.
The Singapore-listed firm expects its suppliers to be fully compliant with its new No Deforestation, No Peat, No Exploitation policy by Dec 31, 2015.
Palm oil companies have been accused of destroying rainforests and burning carbon-rich peatlands to clear land for plantations. Some of them came under the spotlight after thick haze blanketed Singapore and parts of Malaysia and Indonesia in June.
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