Olam’s palm business has the unique opportunity to be the front-runner in establishing sustainable palm plantations in Africa. We are using the Roundtable Sustainable Palm Oil (RSPO) Principles and Criteria as a baseline for our sustainability framework which we have bolstered with additional environmental and social measures.
We will play a proactive role in the RSPO to help broaden the application of the Principles and Criteria through our long-term knowledge in Africa, and our successful completion of the New Planting Procedure.
In June 2015 we updated our sustainable Palm Oil Policy, originally launched in 2011, to include our upstream and supply chain operations. This was updated in February 2017, and again in January 2018.